Our Agency
Our perspective of the Lease Purchase is a unique one. Our agency owner grew up in a Real Estate Investor’s home where not every Lease Purchase was successful.
The lack of success was often times a result of the lease purchaser not positioning their credit to be ready to qualify for the purchase. Several of the lease purchasers lost thier opportunity to purchase due to a simple mistake. The simple mistake caused a loss to the property and resulted in the lease purchaser’s credit being adversely affected.
Now, our agency owner’s tenant accidentally burned the home they were living in. The tenant’s credit was severely impacted due the fire they accidentally caused. The tenant was very close to purchasing the home. The result of the loss could have been hedged with a Lease Purchase Insurance policy.
Now reality is: There is no such thing in the Insurance industry as a “lease purchase policy”. So, when we discuss a “lease purchase policy” it is a renter’s insurance policy tweaked for the Lease Purchaser’s need.
Lease purchase insurance is also a concept that provides perspective for the lease purchaser to protect themselves from the OWNER and to protect their ability to close.
From the late 1980’s to today, we have worked with thousands of lease purchasers and now work today to position insurance solutions to help protect the lease purchaser’s ability to buy.
Give us a call or fill in the application for a quote on “Lease Purchase Insurance”.
1-877-MattLocke or
