Family Lease LLC
Family Lease LLC
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    • Home
    • Applications
      • Lease to Own Application
      • Rental Application
    • Available Properties
      • Rental Properties
      • Lease to Own Properties
    • Payments
    • Rent App
    • FAQs
  • Home
  • Applications
    • Lease to Own Application
    • Rental Application
  • Available Properties
    • Rental Properties
    • Lease to Own Properties
  • Payments
  • Rent App
  • FAQs

Frequently Asked Questions

To pre-qualify for a showing, you must submit an application on our website. Click on either Applications and then Rentals or Lease to Own and submit your application. There is no application fee. Once your application is received, our Rental Manager or Sales Manager can begin to review your application and work to get you approved for a showing.


A land contract is a way to buy a home without going through a traditional mortgage lender. This can be a great opportunity for buyers who do not have the credit to qualify for a traditional mortgage. A land contract, also known as a contract for deed, is a seller-financed alternative to a traditional mortgage where the seller holds the legal title to a property while the buyer makes installment payments on the property. The buyer gains equitable title and builds equity with each payment but doesn't receive the legal deed until the full purchase price is paid. 


You must provide current landlord and employment information. We will do a landlord/employment check and a background check. Tenants will not automatically be disqualified for having a criminal background. 


You must have a minimum household monthly income of $2,500. You will need to provide a month of paystubs as proof of income. 


You must be ready and able to make a down payment of $2,500-$4,000, depending on the property and your qualifications. The down payment will be due in full before closing.


Please watch the videos below for more answers

What is a Land Contract?

a couple signs a land contract

Watch to learn more about how Land Contracts work.

How do I schedule a showing?

a family tours a home

Watch to learn how you can schedule a showing.

What happens after you are approved?

What happens after you are approved?

rental or lease approved

You have been approved for a new home! What are the next steps?

What about payments and late fees?

What about payments and late fees?

What happens after you are approved?

payments and late fees

How can you find your monthly payment amount? How are late fees calculated and when will they apply?

Who is Responsible for Repairs?

What about payments and late fees?

Who is Responsible for Repairs?

home repairs

Who is responsible for repairs on an owner financed property? What about for a rental property?

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