| The majority of people who enter in to a lease | | | | I can not recommend enough, the need to be |
| purchase, rent to own or lease option agreement | | | | working with a quality credit counselor when trying to |
| never buy the home. There is a variety of reasons | | | | improve your credit score. A quality credit counselor |
| such as over paying for the property or having a | | | | will help you establish a budget and suggest ways to |
| landlord who wants the equity built up during the | | | | save money. |
| lease and finds a way to evict the tenant before | | | | You must also be willing to make the sacrifices to |
| they can exercise the purchase. | | | | pay your bills on time. That might mean staying in on |
| The majority of tenants did not buy the home they | | | | weekends to save money or giving up that 2nd new |
| lease purchase because they can't qualify for a | | | | car. You may need to give up some of your free |
| mortgage at the end of the lease. | | | | time for a 2nd job or sell the boat to eliminate a |
| They failed to improve their credit scores enough to | | | | payment. |
| qualify for a mortgage. For some it was due to a job | | | | Discipline is the secret to a successful lease purchase. |
| loss or illness, but for the majority it was lack of | | | | The discipline to correct what ever prevented you |
| discipline in paying their bills on time and failure to | | | | from obtaining a mortgage to begin with. |
| work with a quality credit counselor. | | | | |