Thank you for choosing Smart Investment Group LLC. We are a limited service real estate company that offers 2 programs to meet your needs: a Non-Qualifying Lease Option to Purchase Program for residents looking to rebuild their credit and buy later & soon will offer traditional Rental Program. We offer homes in South Carolina, Georgia, North Carolina, and the surrounding areas. We also offer both new & existing single family homes. Our properties are well maintained, move-in ready, and we offer a quick and E-Z move in process.
Our Non-Qualifying Lease Option to Purchase program is an opportunity for you to re-build your credit and buy a home.
When you get a Lease-Option home from us you can move in quickly and easily. Most of our properties are available for move-in within 2 business days.
In order to move into one of our homes, you will typically pay 2-3% of the sales price as option money. This gives you the option to purchase the home at any time during the lease. 100% of the option money goes toward the purchase of the home. You can typically get moved in within two business days. The option money is non-refundable if you do not exercise your option to purchase the home.
Monthly payments are payable at the 1st of the month. For every monthly payment made you will receive 5% credit of all your monthly payments at closing.
The Lease Option to Purchase contract is intended to give you up to 3 years to purchase the home. The initial lease-option period is for a 1 year term. There are two automatic renewals after the 1st year. There is a 5% increase in the monthly payment for each of the 2 annual renewals. Starting in the fourth year, the lease-option will renew on a month-to-month basis with a 3% increase in the monthly payment every 12 months. You have the right to exercise your option to purchase at any time during the lease
When you are ready to buy, you can exercise your option to purchase at any time. At this point, you will go through the mortgage lending process. We can refer you to a local mortgage broker, or you may choose any lender you prefer. You will receive credit for 100% of your option money and 5% of your monthly payments.
Congratulations on taking the next step to getting your next new home!! To ensure the highest quality of service and a quick and easy move-in process, all applications are located on the details page for each property listing.
Simply go to the property of your choice and click on the "apply now" button and the application can be filled out and submitted online. The non-refundable application fee of $30 per applicant can be paid online. Once we recieve the application we will start processing your application right away.
Please review our screening criteria:
-Most all applications can be processed within 24 hours
-Anyone over the age of 18 that will be residing in the property must complete an application regardless of income or credit score
-$30 Non-refundable application fee per applicant must be recieved before your application will be reviewed
Again, we look forward to helping you find your next new home. If you have any questions, please call.
If you own your rental houses free and clear of any mortgage, or your loan is almost paid off, then selling the house using a Purchase Money Mortgage (owner financing) becomes an option. Some of the benefits of offering owner financing include:
All of these lead to a higher Net at Closing and a better return on investment. If you are looking to turn your rental houses into an income stream, then this is a good way to do that. You move away from the risks of vacancy, delinquency, and maintenance and repair and exchange it for the risk the buyer may default on the loan. But now you get a steady monthly income. If the buyer/borrower does default, this could become an opportunity for profit too. Call for details
If your clients lease purchase one of our properties, you will receive a commission of 15% of the "option money down"(i.e. option money down $5000 x 15% = $750.00)
* We offer a large selection of homes..
* You can view all our available homes by email me at firstname.lastname@example.org.
* Your clients can apply online. Select "view details" on a property & then click "apply now".
*Visit the availabe homes page on this site, or call 803-716-9901 for showing instructions.
We love our customers, so feel free to visit during normal business hours.
P O Box 1294, Palmetto, GA 30268