YES Homes Financing: How Our Program Works
It Starts With An “Option Payment.” Learn How Easy It Is!
Sounds pretty good so far doesn’t it? Well it gets even better!
Once you have picked out the house, you will deposit the “option payment” into an escrow account with a Title Company. You will not pay us directly. This protects you from any scams. Unfortunately, there are plenty of con artists out there. We will require that you pay for a home inspection but this is something you will want anyways as you will want to protect your investment and make sure there are no hidden surprises with your future home.
Our company, Yes Homes, will then purchase the home and you will be able to move in immediately. We want you to think of the home as yours right from the start. You have the freedom to make any improvements you want to make. That means you can paint the house both inside and out with any colors you like. You can change out countertops, you can change out cabinets, you can redo bathrooms, you can even finish the basement.
Even though you won’t technically “own” the house yet, we want you to feel like you do.
While you are in the process of obtaining traditional financing, you will rent the house from us. It is important to point out that none of the rent payments will be applied towards the purchase price as this is not a “rent to own” program. Those programs are hardly ever successful. It is also very important to point out that you will be responsible for all maintenance and repairs on the house while you are in the “option period.” Remember, we want you to think of this as your house right from the start.
As soon as you are in a position to buy the house, we will prepare the purchase contract and make arrangements with a local Title Company to finalize the purchase. We will put you on the path towards home ownership and we will be there to assist you along the entire way.