Category Archives: Creative Financing

Can’t Qualify for a Loan? Rent To Own

Can’t Qualify for a Loan? Move in now – Buy later

A rent-to-own, often called a lease/option, is a contract under which you rent/lease the home with a future option to buy, and it can be a brilliant choice for the family in need of just-that-little-extra-time to qualify for a loan. And with no guarantees in the real estate market, locking-in a purchase price will likely prove to be very advantageous.

The rent-to-own process

We will set a purchase price to the property, a payment, and the time frame within which you must obtain bank financing. A rent-to-own is not long term financing. You must qualify for a bank loan within 1 – 2 years. With you making payments on your lease, we will help you qualify for that bank loan.

Does any of my monthly payment go toward the purchase price?

In many cases, yes! You are building equity in your home while you rent. A portion of your payment will be deducted from final purchase price.

Is a down payment required?

YES. To have an option to buy, you must, by law, put money down toward the property, which goes toward the purchase price of the home. Your purchase price remains locked-in.

I have horrible credit. Can you help me?

Most likely, yes. Depending on how much you can afford as a down payment and just how bad your credit is, we may still be able to get you in a property.  As you make your monthly rental payments you will be building your credit score. We can put you in touch with a Credit Repair Specialist who can assist you during this time as well.

Will there be a Bank involved?

There will be no bank involved during the Rent -To-Own period. When you go to exercise your Option to Purchase, you will apply for a bank loan at that time.

Check out http://lionsolutionsgroup.com/welcome/rent-to-own/ for more information

 

Earn Money Being a LSG Scout

All you need to do is keep your eyes and ears open to Homeowners needing to sell their homes. When you submit a property and we purchase your lead, you will receive a Cash Scout Fee.

Who makes a good LSG Scout?

  • Students
  • Single Parents
  • Stay at home Moms/Dads
  • Retirees
  • People with flexible schedules
  • People that has jobs that are regularly driving thru neighborhoods.
  • Anyone wanting extra cash.

Submitting Leads

Once you are registered with us, we will provide you a link where you will submit your leads. As a minimum, we will need:

  • Property Address
  • Owner Info
  • Reason for Selling
  • Estimated Repair Costs, if known.

We are looking for 3 bedroom/2 bath homes in the range of $250,000 or less in the Denver Metro Area. Condition of the house is not a major factor. We will do all repairs to home and factor that in the purchase price. Leads must NOT be listed with a Realtor. For Sale By Owner properties are okay. If possible talk with owner and ask if they are willing to work with an Investor. After you have submitted your lead, we will keep you updated on the process of the lead. Once we purchase the property, you will receive Cash Payment for your referral. Keep in mind; we will not purchase EVERY lead due to not being able to agree to terms with the seller.

Keys to getting leads completed

Motivated Sellers

  • Home owners that NEED to sell their home to solve financial difficulties.
  • Home owners that are being relocated with their jobs.
  • Loss of Job
  • Foreclosures
  • Bankruptcy
  • Un-manageable medical bills
  • Divorce
  • Tired Landlords/Investors
  • Probate Estate settlements

Distressed Properties

  • Vacant/Abandoned
  • Code Violations
  • Properties needing repairs
  • Properties for rent or For Sale By Owner
  • Yards filled with furniture and possessions (Possible Evictions)
  • Personal Referrals
  • Tell Friends, Family, Co-workers that you are a scout and are looking for properties.

For more info send an email to SCOUTS@LionSolutionsGroup.com

Earn Money Being a LSG Scout

All you need to do is keep your eyes and ears open to Homeowners needing to sell their homes. When you submit a property and we purchase your lead, you will receive a Cash Scout Fee.

Who makes a good LSG Scout?

  • Students
  • Single Parents
  • Stay at home Moms/Dads
  • Retirees
  • People with flexible schedules
  • People that has jobs that are regularly driving thru neighborhoods.
  • Anyone wanting extra cash.

Submitting Leads

Once you are registered with us, we will provide you a link where you will submit your leads. As a minimum, we will need:

  • Property Address
  • Owner Info
  • Reason for Selling
  • Estimated Repair Costs, if known.

We are looking for 3 bedroom/2 bath homes in the range of $250,000 or less in the Denver Metro Area. Condition of the house is not a major factor. We will do all repairs to home and factor that in the purchase price. Leads must NOT be listed with a Realtor. For Sale By Owner properties are okay. If possible talk with owner and ask if they are willing to work with an Investor. After you have submitted your lead, we will keep you updated on the process of the lead. Once we purchase the property, you will receive Cash Payment for your referral. Keep in mind; we will not purchase EVERY lead due to not being able to agree to terms with the seller.

Keys to getting leads completed

Motivated Sellers

  • Home owners that NEED to sell their home to solve financial difficulties.
  • Home owners that are being relocated with their jobs.
  • Loss of Job
  • Foreclosures
  • Bankruptcy
  • Un-manageable medical bills
  • Divorce
  • Tired Landlords/Investors
  • Probate Estate settlements

Distressed Properties

  • Vacant/Abandoned
  • Code Violations
  • Properties needing repairs
  • Properties for rent or For Sale By Owner
  • Yards filled with furniture and possessions (Possible Evictions)
  • Personal Referrals
  • Tell Friends, Family, Co-workers that you are a scout and are looking for properties.

For more info send an email to SCOUTS@LionSolutionsGroup.com

Sell Your Property FAST. Even if you’ve tried almost everything

Home sellers, are you still trying to sell your house?

Sell your property fast, even if you’ve tried almost everything…

Get an all cash offer on your house regardless of location, condition, size, and price. You can close quickly – often within the next 30-days and get rid of your problem property.

If you need to sell fast, look no further.

Does this sound familiar? You’ve put the sign in the yard, placed ads in the paper, posted your house on craigslist, worked with agents, and maybe you’ve received some responses, but none of them have made the sale… we can help.

Size, location, condition, it doesn’t matter — we are looking for properties, can pay cash, and close quickly.

We represent a nationwide network of buyers looking for homes in your area and are prepared to make you an offer.

Simply enter your name and email address in the box below and we’ll contact you to make you an offer – no risk or obligation.

And when you do you’ll also receive a special report titled: “How to Sell Your House-Fast: Your Guide to Selling Your House Even If You’re Not a ‘Sales’ Person”

You’ll discover…

  • How to prepare your house for buyers to make a great first impression to significantly increase your chances of selling your house.
  • The importance of marketing and why you should spend as much as you can on marketing in order to sell you house fast.
  • If selling your house yourself or working with a real estate investor is the best option to selling your house quickly.
  • And much more!

To be contacted for a no obligation offer on your home, and get instant access to the special report “How to Sell Your House-Fast: Your Guide to Selling Your House Even If You’re Not a ‘Sales’ Person” absolutely free, go to Selling-LionSolutionsGroup.com and put in your name and email address here, and we’ll email you the report right away.

Sell Your Home FAST and for a GREAT Price

Selling your home? We have a list of tips to help you sell it fast and get a great price. Dial the number below for a recorded message or you can receive the information automatically via fax.

Dial 1-720-963-6119 and enter the EXT number listed below for each report

EXT 194 — 11 Tips To Sell Your Home For Top Dollar
EXT 195 — 14 Repairs To Make Before Selling Your Home
EXT 196 — 5 Ideas To Help Sell Your Home In Record Time
EXT 197 — Ideas To Make Your Home More Attractive
EXT 198 — Great Idea To Get The Best Price For Your Home
EXT 199 — 15 Suggestions To Consider When Selling Your Home

Lion Solutions Group can help you sell your home as well as buy your next home. www.lionsolutionsgroup.com

Sell Your Home FAST and for a GREAT Price

Selling your home? We have a list of tips to help you sell it fast and get a great price. Dial the number below for a recorded message or you can receive the information automatically via fax.

Dial 1-720-963-6119 and enter the EXT number listed below for each report

EXT 194 — 11 Tips To Sell Your Home For Top Dollar
EXT 195 — 14 Repairs To Make Before Selling Your Home
EXT 196 — 5 Ideas To Help Sell Your Home In Record Time
EXT 197 — Ideas To Make Your Home More Attractive
EXT 198 — Great Idea To Get The Best Price For Your Home
EXT 199 — 15 Suggestions To Consider When Selling Your Home

Lion Solutions Group can help you sell your home as well as buy your next home. www.lionsolutionsgroup.com

Ten Myths about Credit Scores

If you’re a fan of TV’s “Mythbusters,” then you may already know the truth about many popular fictions – like how a heated Jawbreaker can explode when you bite into it, or that a home ceiling fan cannot decapitate you, or that your toilet seat is the cleanest surface in your house. While these are fun myths to debunk, knowing the facts of these fictional stories probably won’t affect your personal
finances.

What can impact your wallet is what you know – and just as importantly, what you don’t know – about your credit score. Your credit score is a three-digit numerical representation of your credit-worthiness, or how likely you are to reliably pay back money you borrow. It may seem simple enough, but credit scores aren’t always intuitive. Even when you think you’re doing the right thing
financially, you may be actually hurting your credit score.

When it comes to credit reports and scores, knowledge is power. Here are the real facts behind 10 common credit score fictions:

Fiction: The more money you make, the better your credit score will fare.

Fact: Your income has nothing to do with your credit score. It’s not reported to the credit bureaus or listed on your credit report.

Fiction: Once you’ve paid a past-due debt, it will drop off of your credit report.

Fact: Late payments and other negative information remain on your credit report for seven years from the date of the initial late payment. Bankruptcies typically stick around for 10 years from the bankruptcy filing date. While that black mark may continue to soil your credit report, however, its effect on your credit score will lessen over time.

Fiction: Credit bureaus never make mistakes.

Fact: Nearly eight in 10 credit reports contain a serious error or some sort of mistake, according to a survey by the U.S. Public Interest Research Groups. Because many errors can negatively impact your credit score, it’s important to check your credit report regularly and dispute any inaccuracies you find. 

Fiction: Practicing a cash-only policy will help your credit score.

Fact: Having good credit is a function of having credit available to you and using it responsibly. If you don’t have or use credit, you may have no credit history at all and if you do, your credit score won’t be as good as someone who consistently demonstrates responsible use of credit over time.

Fiction: All credit reports and credit scores are the same.

Fact: You have three main credit reports – one from Experian, Equifax and Transunion – plus a variety of credit scores. The information listed on each of your credit reports may vary and your credit scores – even if based on a single report – may also vary. No one credit report or score is better than the others. They all seek to document your credit history and assess your credit risk.

Fiction: How responsibly you manage your checking, savings and investment accounts will impact your credit score.

Fact: Like income, your checking, savings and investment account activity is not reported to the credit bureaus and does not affect your credit score.

Fiction: Closing credit card accounts will help your credit score.

Fact: When you close a credit card account, you may be affecting your “credit utilization.” Credit utilization is simply how much credit you use (balances) compared to how much credit is available to you (credit limits). Closing a credit card account lowers the amount of credit that’s available to you, which may increase your credit utilization percentage if you maintain balances on any of your other credit cards. A higher credit utilization may negatively impact your credit score

Fiction: Pulling your own credit report will lower your credit score.

Fact: When you pull your credit report for your own educational purposes, it’s considered a “soft inquiry” and will not affect your credit score. On the other hand, when a creditor or lender pulls your credit report for the purpose of extending you credit or a loan, it’s a “hard inquiry” and may negatively impact your credit score. (Learn more about credit inquiries.)

Fiction: If a bill or debt isn’t generally reported to the credit bureaus, missing a payment won’t affect your credit score.

Fact: Any time you pay a bill late or don’t pay at all, that activity can be reported to the credit bureaus. Different companies have different policies about reporting late payments or negative information, but never assume that just because you’ve never seen a particular bill listed on your credit report that it can’t negatively impact your credit score if you don’t pay it

Ten Myths about Credit Scores

If you’re a fan of TV’s “Mythbusters,” then you may already know the truth about many popular fictions – like how a heated Jawbreaker can explode when you bite into it, or that a home ceiling fan cannot decapitate you, or that your toilet seat is the cleanest surface in your house. While these are fun myths to debunk, knowing the facts of these fictional stories probably won’t affect your personal
finances.

What can impact your wallet is what you know – and just as importantly, what you don’t know – about your credit score. Your credit score is a three-digit numerical representation of your credit-worthiness, or how likely you are to reliably pay back money you borrow. It may seem simple enough, but credit scores aren’t always intuitive. Even when you think you’re doing the right thing
financially, you may be actually hurting your credit score.

When it comes to credit reports and scores, knowledge is power. Here are the real facts behind 10 common credit score fictions:

Fiction: The more money you make, the better your credit score will fare.

Fact: Your income has nothing to do with your credit score. It’s not reported to the credit bureaus or listed on your credit report.

Fiction: Once you’ve paid a past-due debt, it will drop off of your credit report.

Fact: Late payments and other negative information remain on your credit report for seven years from the date of the initial late payment. Bankruptcies typically stick around for 10 years from the bankruptcy filing date. While that black mark may continue to soil your credit report, however, its effect on your credit score will lessen over time.

Fiction: Credit bureaus never make mistakes.

Fact: Nearly eight in 10 credit reports contain a serious error or some sort of mistake, according to a survey by the U.S. Public Interest Research Groups. Because many errors can negatively impact your credit score, it’s important to check your credit report regularly and dispute any inaccuracies you find. 

Fiction: Practicing a cash-only policy will help your credit score.

Fact: Having good credit is a function of having credit available to you and using it responsibly. If you don’t have or use credit, you may have no credit history at all and if you do, your credit score won’t be as good as someone who consistently demonstrates responsible use of credit over time.

Fiction: All credit reports and credit scores are the same.

Fact: You have three main credit reports – one from Experian, Equifax and Transunion – plus a variety of credit scores. The information listed on each of your credit reports may vary and your credit scores – even if based on a single report – may also vary. No one credit report or score is better than the others. They all seek to document your credit history and assess your credit risk.

Fiction: How responsibly you manage your checking, savings and investment accounts will impact your credit score.

Fact: Like income, your checking, savings and investment account activity is not reported to the credit bureaus and does not affect your credit score.

Fiction: Closing credit card accounts will help your credit score.

Fact: When you close a credit card account, you may be affecting your “credit utilization.” Credit utilization is simply how much credit you use (balances) compared to how much credit is available to you (credit limits). Closing a credit card account lowers the amount of credit that’s available to you, which may increase your credit utilization percentage if you maintain balances on any of your other credit cards. A higher credit utilization may negatively impact your credit score

Fiction: Pulling your own credit report will lower your credit score.

Fact: When you pull your credit report for your own educational purposes, it’s considered a “soft inquiry” and will not affect your credit score. On the other hand, when a creditor or lender pulls your credit report for the purpose of extending you credit or a loan, it’s a “hard inquiry” and may negatively impact your credit score. (Learn more about credit inquiries.)

Fiction: If a bill or debt isn’t generally reported to the credit bureaus, missing a payment won’t affect your credit score.

Fact: Any time you pay a bill late or don’t pay at all, that activity can be reported to the credit bureaus. Different companies have different policies about reporting late payments or negative information, but never assume that just because you’ve never seen a particular bill listed on your credit report that it can’t negatively impact your credit score if you don’t pay it

Stopping Foreclosures

Stopping Foreclosures – Every day we help people just like you. We understand how challenging your situation is. We provide solutions to people in situations like yours.

We offer a free, no obligation consultation to help you learn what your options are and how we can help. We can explore which solution may be the best for you. We can negotiate with the bank for forbearance, examine your ability to refinance your mortgage or buy your home with cash. We can help you with moving expenses if needed.

Most importantly, we work to stop the foreclosure and save your credit.

If you would like to talk with us about discovering your options, please provide the information requested at the link below and we will work towards scheduling a time when we can sit down together and discover your best option.

lionsolutionsgroup.com/welcome/stop-foreclosure/

Stopping Foreclosures – Every day we help people just like you. We understand how challenging your situation is. We provide solutions to people in situations like yours.

We offer a free, no obligation consultation to help you learn what your options are and how we can help. We can explore which solution may be the best for you. We can negotiate with the bank for forbearance, examine your ability to refinance your mortgage or buy your home with cash. We can help you with moving expenses if needed.

Most importantly, we work to stop the foreclosure and save your credit.

If you would like to talk with us about discovering your options, please provide the information requested at the link below and we will work towards scheduling a time when we can sit down together and discover your best option.

lionsolutionsgroup.com/welcome/stop-foreclosure/