Colorado Home Leasing is Denver's leading provider of lease-to-own solutions for single family homes. We provide qualified applicants, who have failed to qualify for traditional bank financing, with the opportunity to lease, and eventually purchase, a single-family home of their choosing.
In this video, we answer the question - How much cash do I need to become one of your Lease-to-Owners?
We’ve built a simple calculator to help you answer that question.
Ready to get started?
Log onto coloradohomeleasing.com
Once you’re on the site, scroll down to our Lease Assurance calculator and enter your information into the fields.
Step One - enter the Initial Appraised Home Value for the home you’ve selected for lease-purchase. This value will be provided by the appraiser, however if you don’t yet have an appraisal, don’t worry. Simply enter the for-sale listing price of the home.
Step Two - enter the Option Contract Price. This value is provided to you by Colorado Home Leasing after we’ve reviewed your application and determined your eligibility. It’s the amount we’ll require you to pay at lease signing, for the right to purchase your home for a predetermined price. Most Option Contract Deposits cost approximately 3.6% of the Initial Appraised Home Value, which you entered in Step One. You’ll need to have this amount available as cash, when you sign your lease, however thru our Lease-is-more program you’ll receive at least this much cash back if you decide to purchase the home.
Next, click the calculate button.
The table that appears will give you an estimate of how much cash you’ll be required to have at lease signing.
For this example, we entered:
-A home value of $250,000
-With an Option Contract Price of 3.6%
Based upon the values that you’ve entered, you’ll need approximately twenty-one thousand dollars when you sign your lease and option contracts. If you decide to purchase the home, our Lease-is-More rewards program will return to you over $12,000 in cash. That brings your Net Lease-Signing Costs down to approximately Eighty Eight Hundred Dollars.
-Move into the home of your choice today.
-Lock in a purchase price.
-That’s the Colorado Home Leasing advantage.
Stop throwing your money away on rent and start participating in the housing market recovery.
Visit us at coloradohomeleasing.com and become one of our Lease-to-Owners today.
