Stephanie Jester

Rent/Lease Reduced on 2202 Par Three Way in Lithonia

Stephanie Jester — Mon, 27 Jul 2009 20:18:00 GMT

Lithonia, DeKalb County - Announcing a rent/lease reduction on 2202 Par Three Way, a 2 bath, 3 bdrm single story. Now MLS® $900 USD Monthly - .

Property information

STOP RENTING!! MONTHLY PAYMENT AS LOW AS RENT. STOCKBRIDGE, LITHONIA, DECATUR, MCDONOUGH

Stephanie Jester — Wed, 07 Jan 2009 02:08:00 GMT

TRIED OF MOVING YEAR AFTER YEAR IN CRAMPY APARTMENTS AND DEALING WITH CRAZY LANDLORDS. MAKE YOUR DOLLARS WORK IN 2009. RUSH AND PURCHASE YOUR HOME IN A DOWN MARKET FOR SELLERS BUT A EXCELLENT MARKET FOR BUYERS.

***560 IN ABOVE CREDIT SCORE **

***HUD PROPERTIES AVAILABLE**

***$1,000.00 EARNEST MONEY***

***SHORT LOAN APPLICATION TO BE COMPLETED PRIOR TO QUALIFING***

CONTACT YOUR RELOCATION SPECIALIST

STEPHANIE JESTER/BROKER

INTOUCH PROPERTIES

404-379-4808

Rent/Lease Reduced on 325 Nunnally Drive in Northbridge Crossing

Stephanie Jester — Wed, 07 Jan 2009 02:07:00 GMT

Northbridge Crossing, Stockbridge - Announcing a rent/lease reduction on 325 Nunnally Drive, a 2 bath, 4 bdrm 2 story. Now $1,050 USD Monthly - Monthly Rent Reduced.

Property information

Rent/Lease Reduced on 220 Lakeview Trail in Enclave

Stephanie Jester — Wed, 31 Dec 2008 03:53:00 GMT

Enclave, Covington - Announcing a rent/lease reduction on 220 Lakeview Trail, a 2 bath, 3 bdrm 2 story "Traditional". Now MLS® $975 USD Monthly - Gorgeous Three Bedroom.

Property information

Rent/Lease Reduced on 325 Nunnally Drive in Northbridge Crossing

Stephanie Jester — Wed, 31 Dec 2008 03:33:00 GMT

Northbridge Crossing, Stockbridge - Announcing a rent/lease reduction on 325 Nunnally Drive, a 2 bath, 4 bdrm 2 story. Now $1,050 USD Monthly - Monthly Rent Reduced.

Property information

Rent/Lease Reduced on 9380 Forest Knoll Dr in Forest Knoll

Stephanie Jester — Wed, 19 Nov 2008 15:39:00 GMT

Forest Knoll, Jonesboro - Announcing a rent/lease reduction on 9380 Forest Knoll Dr, a 2 bath, 3 bdrm ranch "Tradictional". Now MLS® $950 USD Monthly - Move In Special.

Property information

Rent/Lease Reduced on 230 Elvan Ave. in Hawthorn Park

Stephanie Jester — Thu, 09 Oct 2008 01:47:00 GMT

Hawthorn Park, Atlanta - Announcing a rent/lease reduction on 230 Elvan Ave., a 3 bath, 3 bdrm 2 story "Craftsman Style". Now MLS® $3,000 USD Monthly - Corporate Rental.

Property information

Single Story For Rent/Lease in Idlewood Crossing

Stephanie Jester — Thu, 22 May 2008 19:06:00 GMT

• single story - MLS® $1,150 USD Monthly

Idlewood Crossing, Lithonia

Property information

Rent/Lease Reduced on 5961 Idlewood Place in Idlewood Crossing

Stephanie Jester — Thu, 22 May 2008 19:06:00 GMT

Idlewood Crossing, Lithonia - Announcing a rent/lease reduction on 5961 Idlewood Place, a single story. Now MLS® $1,150 USD Monthly - .

Property information

Rent/Lease Reduced on 3197 Pate Creek View in Meadow Brook Ridge

Stephanie Jester — Thu, 08 May 2008 23:55:00 GMT

Meadow Brook Ridge, Snellville - Announcing a rent/lease reduction on 3197 Pate Creek View, a 2,076 sq. ft., 2 bath, 4 bdrm 2 story. Now MLS® $1,250 USD Monthly - The Price Is Right!.

Property information

Lease-to-own?

Stephanie Jester — Tue, 22 Apr 2008 22:32:00 GMT

A lease-to-own house purchase (also "rent-to-own purchase" or "lease purchase") is a lease combined with an option to purchase the property within a specified period, usually 3 years or less, at an agreed-upon price. The borrower pays an option fee, 1% to 5% of the price, which is credited to the purchase price. The borrower pays rent, and an additional rent premium that is also credited to the purchase price. If the purchase option is not exercised, the buyer loses both the option fee and the rent premium. As with any kind of financial contract, lease-purchase deals can be structured in such a way that all the benefits flow to one of the parties and none to the other. Buyers especially need to be careful. But lease-purchase plans have a solid economic rationale, which means that they can be structured so that both parties benefit. Contract Features of a Lease-Purchase A lease-purchase has 5 major provisions. The sale price of the house and the rent are market-determined, yet subject to negotiation just as in a straight purchase or rental transaction. Buyers often know less about the market than sellers, which places buyers at a disadvantage unless they do some homework, which is advisable. Buyers generally prefer a long option period because it provides more time to build equity and repair credit. A long period can boomerang on them, however, if they are never able to exercise the option, since they lose the rent premium they have been paying all the while, in addition to the option fee. Sellers generally prefer a short option period, but if it is too short, the house won’t be sold. The option fee and rent premium are viewed differently by buyers and sellers. To the buyer, they are part of the equity in the house they will soon own. Fully anticipating that they will exercise the option, the only cost is the interest they would otherwise have earned. To sellers, however, these payments are the best guarantee that their houses will sell; if they don’t sell, the payments are retained as income. That the benefit to the seller generally exceeds the cost to the buyer makes the lease-to-own deal a possible win-win. Using a Lease-Purchase to Buy The lease-purchase offers homeownership opportunities to consumers with little cash and/or poor credit, who are prepared to bet on themselves. The bet is that before the option period expires, they will qualify for the mortgage they need to exercise the purchase option. During the option period, they have the opportunity to rebuild their credit and accumulate equity while living in the house. The development of the sub-prime market, in which consumers with poor credit or no cash can obtain loans, does not seem to have lessened interest in lease-purchase. It is very likely that those who succeed in exercising their option under a lease-purchase do better than if they had financed a conventional purchase in the sub-prime market. The savings in finance costs will more than offset a higher price on the house. But those who can’t exercise their option will lose their bets. Consumers who need to rebuild their credit rating during the option period should understand that paying their rent on time won’t do it. Rent payment information is not used in compiling credit scores. While Fair Isaac, the company that developed credit scoring, has recently unveiled an “expansion” score based on “non-traditional credit data,” it does not yet include rent payment information from individual home owners. Lease-purchase buyers who need a higher credit score must focus on their credit cards and loans. Even though it is costly, the right not to exercise the option is of value to buyers. If there is something seriously wrong with the house, neighborhood, or neighbors, the money left behind on a lease-purchase is much smaller than the cost of an outright purchase followed by a sale. Dangers to Buyers On October 2, 2005, Bob Mahlburg, an investigative reporter for the Sarasota Herald-Tribune, published an article on a substantial lease-to-own program in Florida that had generated numerous complaints. Over a 5-year period hundreds of deals were executed under this program but only a handful of purchases. In fact, there were more evictions than purchases. The contract used in this program made it all too easy for the seller to avoid having to sell when it was more profitable to evict the tenant and do another deal with another hopeful buyer. The moral: read the contract very carefully to make sure you are confident you can live up to all the terms, such as paying your rent on time, every time. Using a Lease-Purchase to Sell Most home sellers want a cash sale, but for those prepared to hang on to the property awhile longer, the benefits can be compelling. Stephanie Jester, an expert’s expert on lease-purchases, says that in this market, there are always more buyers than sellers – She has been both. As a result, buyers generally pay top dollar, perhaps including some assumed future appreciation. To be sure, the deal may fall through, but in that case the seller gets to pocket the option fee and rent premium. The seller also enjoys the tax deduction on his mortgage interest payments during the option period.

Rent/Lease Reduced on 280 Sunflower Lane in Ashley Meadows

Stephanie Jester — Tue, 08 Apr 2008 22:29:00 GMT

Ashley Meadows, Covington - Announcing a rent/lease reduction on 280 Sunflower Lane, a 3 bath, 5 bdrm 2 1/2 story "Traditional". Now $1,300 USD Monthly - Price For Your Budget.

Property information

2 Story For Rent/Lease in Walden Woods

Stephanie Jester — Tue, 08 Apr 2008 21:52:00 GMT

Gorgeous Home For Rent

• 2 bath, 4 bdrm 2 story "Traditional" - $1,600 USD Monthly - Priced to rent

Walden Woods, Stockbridge - Gorgeous three sided brick home located in Stockbridge Georgia. Four bedrooms and two and half baths, dining room, living room, family room with fireplace, large eat in kitchen with pantry, large master bedroom with vaulted ceiling and large master bathroom with his/her closets and vaulted ceiling, wall to wall carpet, upstairs laundry room and oversize backyard with privacy fence.

Property information

Rent/Lease Reduced on 305 Teakwood Terrace in Walden Woods

Stephanie Jester — Tue, 08 Apr 2008 21:52:00 GMT

Walden Woods, Stockbridge - Announcing a rent/lease reduction on 305 Teakwood Terrace, a 2 bath, 4 bdrm 2 story "Traditional". Now $1,600 USD Monthly - Priced to rent.

Property information

Rent/Lease Reduced on 5162 Millerwood Trl in Miller Woods

Stephanie Jester — Wed, 26 Mar 2008 02:13:00 GMT

Miller Woods, Decatur - Announcing a rent/lease reduction on 5162 Millerwood Trl, a 3 bath, 5 bdrm single story. Now $1,600 USD Monthly - Gorgeous Home for Rent.

Property information