Are You Facing Foreclosure?

— LeaseOptionProgram.com Can Stop the Foreclosure AND Keep You in Your Home —

How Does it Work? | What is Lis Pendens?
How Long Does it Take? | How Do I Get Started?

How Does it Work?

A Foreclosure blemish on a credit report is worse than a bankruptcy when it comes to getting a loan in the future. People facing foreclosure are usually without many options. There are many foreclosure sharks out there that promise to stop the foreclosure, but most simply want the house for a quick sell. The problem is that most people want to keep their home. LeaseOptionProgram.com is different; we will buy your home at its full value and thus stop the foreclosure. We will then lease it back to you for two years. During the two-year lease period we work with you to repair your credit so that you can exercise your option and buy the home. Your equity is used as your down payment when you buy the home back.

What is Lis Pendens?

Lis Pendens is an official recorded notice that a lawsuit is imminent. Usually, when Lis Pendens is filed, there is about three months until the home will be auctioned. We can help at any point, but the more time we have is better.

How Long Does it Take?

We can assist at any time during the foreclosure process. We immediately start by contacting the lender who filed the Lis Pendens. Most lenders do not want the home to go to auction and are willing to work with us to find an alternative solution. Once we begin the process we can usually close the transaction within 45 days. This means that even if the auction is imminent, we usually can delay it long enough for us to save the home.

How Do I Get Started?

The first step is to contact us and discuss your situation. Every situation is different from the last and we can quickly determine if this is right for you. Usually for someone who wants to remain in their home, this is the only viable option. We can give you all the details of the transaction based on your situation. Then next step is for you to complete the online application by following the Apply Now link above.

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