Prepare

Customizing Your Home

Upon completion of the TexaStar Analysis Phase™ our participants will have selected a home for acquisition. Our goal is to provide a home that our participants have a vested interest in by giving them creative input into the home. The participant will work with our contractors to identify areas of the home to be remodeled, select paint colors, flooring materials, counter tops, fixtures, and appliances. The end result will be a home that is transformed into a like new property that reflects the way the participant wants the home to look. Once this remodel is completed the participant will move in and begin the lease part of the program.

Following Through on the Financial Improvement Plan

Congratulations!! You are now living in the home you will soon be the proud owner of. Our staff will now begin working with you to fix your credit, and help you implement any financial restructuring you will need to accomplish to qualify for permanent financing. You will work with affiliated professionals in the credit repair field to raise your score. You will also be paying a rent rate that is commensurate with the amount you would need to maintain under your mortgage. This will help in establishing a strong payment history to potential lenders.

Accumulating Funds for Down Payment

We are so invested in making sure that our participants in the Lease Purchase Program will be successful in acquiring permanent financing that we offer a extremely valuable incentive in the form of a rebate equal to 1 month's rent for each year of the lease phase that is completed. This monetary benefit is intended to provide our participants with their down payment and/or assist them with paying closing costs. The value of this rebate is in the thousands of dollars, and far exceeds the amount of equity a traditional home owner would be able to accumulate in the same time period of a traditional 30 year mortgage.