Rent to Own homes in Jacksonville FL questions and answers

Rent to Own homes in Jacksonville FL questions and answers

How does rent to own work?

Here's how it works:

A home is made available via a standard lease with one important addition. Included is an option to purchase that home at a specified price over a specified time period (usually one or two years). In order to acquire that option, the renter/buyer must pay a one time, NON REFUNDABLE, fee called the option consideration.

What is an option/down payment, how much am I expected to pay?

Option money is an upfront non refundable payment. Option is right to buy home at a future date with fixed price.
Our Rent to Own program minimum option payment is $1,500. Option payment may vary based on home value, quality and area of town.

How does Rent credit work?

Rent credit is amount of money which will be credited toward home ownership every month.
In order to receive a rent credit you MUST pay your rent on or BEFORE the due date of your lease (typically the 26th or 1st of the month).
Our Typical rent credit is $100. Rent Credit may be as high as 20% of rent payment per month.

What are advantages of Rent to Own Program?

• Build equity toward home ownership.
• No bank or finance company involvement.
• Poor credit history may not be an issue.

How do you qualify for a Rent to Own?

• Total household Income has to be 3x's the amount of the rent
• No evictions or rental judgments in the last 7 years
• Employment Verification Required
• Credit Check Required
• minimum $1,500 deposit due with the application
(total deposit will be determined after credit is reviewed)
• Application Fee $25 for each person over 18 years old

Can You Do a Rent to Own Being Self Employed or a Business Owner in Jacksonville or other state?

It іѕ absolutely trυе fact that being self-employed іѕ doubtlessly one οf thе greatest achievements whісh ѕοmе individual саn hаνе іn thіѕ life.
Bυt іt іѕ worth mention thаt unfortunately self-employed people аrе typically getting thе brunt οf thе grеаt pressure іѕ іn regards tο opting fοr home loans.
Our Rent - to - Own program will allow self-employed people to enjoy lifestyle they want.
In order to qualify you will need to produce 2 year Tax Return and 2 year Profit and Loss Statement.

Can I do a rent to own after foreclosure or bankruptcy?

Yes you can do rent to own after 2 years after foreclosure or bankruptcy

Who is in charge of maintenance and repairs?

Tenant shall, at its own cost and expense, keep, repair and maintain all equipment and other personal property located at the Premises,

Landlord shall repair and maintain at its expense Structural part of the building as roof , walls and fundament of the Premises.

Maintenance is the responsibility of the Tenant Buyer. You are now renting to own and homeownership requires maintenance. This includes things like broken windows from stones or baseballs, clogged drains, peeling paint, broken appliances, burnt out bulbs, lawn work/snow removal, etc. If any major repairs are required to ensure habitability, the Landlord remains responsible.

Rent to Own and Credit Repair

If you are reading this you are probably already aware that bad credit affects more than just your ability to get a loan? Having bad credit means you are usually going to get the worst terms and pay the highest interest rates on any type of loan. Bad credit affects other aspects of your life also, like; your ability to rent an apartment or house, getting affordable insurance and even employment. If you are in this situation, you need to do something to get your credit (and your life) back on track.
Komelot Homes affiliated with best credit repair agencies in town to assure that our clients credit will be rebuilt promptly and accurately.
Credit repair strategy is not only removing negative items from your reports through filing disputes but also paying your bills promptly, keeping all of your accounts current, opening new credit lines and much more.
If you have any questions about Rent-to-Own Program give us a call : 904-562-2666 ext 4

To see available Rent-To-Own homes visit : www.Komelot.com
To get notification about new Rent-to-Own homes coming to the market sign up for our buyers list at : Rent to Own Buyer List

Florida Hardest-Hit Fund Program (HHF)

New! Florida Hardest-Hit Fund Program Announced to Help Troubled Homeowner’s.

Florida Hardest-Hit Fund Program(HHF)created as foreclosure prevention assistance program that provide temporary assistance to eligible homeowners

Two programs available:

Unemployment Mortgage Assistance Program (UMAP)

Loan funds can be used to pay monthly mortgage and escrowed mortgage-related expenses (i.e., property taxes, homeowner insurance, and mortgage insurance) until the homeowner can resume payments or for up to 18 months, whichever occurs first.

Mortgage Loan Reinstatement Payment Program (MLRP)

Loan funds can be used to bring the past-due first mortgage current; up to four months will be paid.

Homeowners who qualify for financial assistance may receive up to 18 months of monthly mortgage payments and/or funds to pay past due mortgage payments to bring the mortgage current; these funds are paid directly to the loan servicer/lender.

You must meet all eligibility requirements to be considered for the program. Please review all criteria prior to applying for HHF assistance.

The web-based application process for Florida Hardest-Hit Fund financial assistance opened for Lee County homeowners on Monday, October 25. In the meantime, for a complete list of all requirements click here

NEW FHA PROPERTY FLIP TRANSACTION RULES

November 24, 2010

HIGH IMPORTANCE:

FHA PROPERTY FLIP TRANSACTIONS:

First off, there are some new changes to FHA flipping policies that you MUST be aware of ASAP. Brian Pintar - mortgage broker, just put together a short 1-minute video explaining the changes.

Effective: On / After December 1, 2010

FHA purchase transactions in which the seller has held title less than 90 days the sales price will be limited to less than 20% above the seller's acquisition cost. The seller's acquisition cost is defined as what the seller paid to acquire the subject property. It does not include the cost of any repairs or improvements made to the property after purchase.

NOTE: conventional financing, seller must be in title on the date of the contract. The 90day rule does not apply.
HOWEVER; if the buyer has less than 20% down payment; ALL MI companies require the seller to be on title a minimum of 90 days prior to going under contract.

Business Phone System voice mail script

Voice mail script - business solution for investor.

Main mailbox voice mail script

Thank you for calling (your company name)
If you know the extension you would like to reach you may enter it now.

Ext 1 If you are a Realtor or mortgage broker please press 1 now
Ext 2 If you are looking to sell your house please press 2 now
Ext 3 If you are looking to Buy a House please press 3 now
Ext 4 If you are looking to rent-to-own House please press 4 now
Ext 5 If you are looking to rent House please press 5 now
Ext 6 For Private money landing opportunity please press 6 now
Ext 7 For general delivery mailbox please press 7 now
Ext 9 To return to main menu please press 9 now
Ext 0 to be transferred to the operator please press 0 now

To see how we set up all described extentions in my PB Next phone system see this video.


All Extensions voice mail script

Ext 1 - If you are a Realtor or mortgage broker in Jacksonville, FL

To submit Short Sale deal online please press 21 now.
(Add at the middle script of your choice for Realtor)
(Add at the end)
If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you.

Ext 2 - Selling House in Jacksonville, FL

Thank you for calling regarding the property you would like to sell.
If you would like to visit our website to enter information about your home online please press 12 now .
Do you need to get out of your mortgage? Are you tired of dealing with a rental house or property that you inherited? No equity in the house? Don’t give up and don’t let it go back to the bank. Everyday we buy houses in any condition and any price range from people in situations just like yours. Depending on your particular needs, we will make offer which works best for you. We will handle all the paperwork and everything needed to close on property. Our goal is to remove you stress by getting you’re the fastest possible sale. Your phone call is the first and the most important step to the quick sell of your house. Please leave your name, phone number, the property address and as many details as possible so our professionals can call you back today.

Ext 3 - Buying House in Jacksonville, FL

Thank you for calling regarding the property you would like to buy. We are excited to let you know that you may be eligible for up to $25,000 in home buying grants to help you with your closing costs and down payment. To find out more about local grant program available for you please press 15 now.
If you have temporary difficulty with getting Loan but still would like to buy one of our homes we have Private money lending available for your convenience. To find out more about our Private money Lending program please press 25 now.

If you would like to hear about houses available for sale please press 16 now.
To Join our email notification list and to get instant access to the very best homes at the very best prices in your area please press 13 now.
If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.


Ext 4 - Buy Rent-to-Own House in Jacksonville, FL

(At the beginning)
Thank you for calling regarding the property you would like to Rent-To-Own
If you are trying to purchase a home but have a negative credit report please don’t worry we can help. we understand that life often present unavoidable pitfalls and we don’t want those to hurt your future. We want to help you to reach your financial potential despite any problems your had in the past. Fortunately we are exprinced knowledgable investors who can help. As partners we have far more purchasing power and it is our business to create win-wins for everyone. We are excited to talk with you about your goals and see what we can do. Let’s begin building fantastic future.
If you would like to hear about our houses available for Rent-TO-Own please press 17 now.

To Join our email notification list and to get instant access to the very best homes at the very best prices in your area please press 13 now.
If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.

Ext 5 - Rent House in Jacksonville, FL

Thank you for calling regarding the property you would like to Rent
(No Middle or script of your choice)
(At the End)
If you would like to hear about houses available for Rent please press 20 now.
If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.

Ext 6 – Private money opportunity

Would You Like High Returns And A Safer Alternative Than The Stock Market?
Make money in a much safer vehicle than the stock market or traditional investing. Earn higher yields and be in control of your money through Private Mortgage Lending.
To find out more about this safe, little known and highly profitable investing vehicle please press 24 now.

To hear information about Private money opportunities available please press 500 now
If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.


Ext 12 – Visit our website to sell property

Thank you for calling regarding the property you would like to sell. To enter information about your house online please visit www.komelot.com (then spell it), click on sellers tub fill out short form below and one of our specialists will be in contact with you shortly. It’s that easy. Again visit our website www.komelot.com click on sellers tub and fill out short form below.

If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.

Ext 13 – Visit our website to be on or buyers list

Join our VIP notification list and get instant access to the very best homes at the very best prices in your area. You'll also get our videos where we show you exactly how to find bargain homes. Visit www.IBuyHouseJax.com (then spell it), -just enter your email address in the field to the right... . It’s that easy. Again visit our website www.IBuyHouseJax.com and enter your email address in the field to the right... If you have any questions please press 0 to be connected to the operator. or leave detailed message after the tone and our specialist will contact you shortly.

Ext 15 - Jacksonville Grant Money Program

Did you know that you may be eligible for up to $25,000 in home buying grants to help you with your closing costs and down payment?

Grant program include the First Time Homebuyer Program, down payment assistance program, the Homeownership Pool Program and Pour Credit Homes Buyer Assistance Program.

If you would like to request information online please press 18 now .
If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly .


Ext 16 - Houses available for sale in Jacksonville general

To see information online about houses available for Sale please press 19 now
To hear description of houses available for sale please press 200 now
If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.

Ext 17 - Houses available for Rent-To-Own in Jacksonville general

To see information about houses available for Rent-To-Own online please press 19 now
To hear description of houses available for rent –to-own please press 300 now
If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.

Ext 18 - Grant money program Website Information

To get prequalified for our Grant money program online please visit www.komelot.com (then spell it), click on contact us tab. Fill out short form below and in the comments section add “Prequalify me for Grant money program” and One of our specialists will be in contact with you shortly. It’s that easy. Again visit our website www.komelot.com click on contact us tab and fill out short form below. If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly shortly.

Ext 19 – Houses available for sale in Jacksonville Website information

To see information online about homes for sale please visit www.komelot.com (then spell it), and click on properties tub. It’s that easy. Again visit our website www.komelot.com and click on properties tub .
If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.

Ext 20 - Houses available for Rent general

To see information about houses available for Rent online please press 19 now
To Join our email notification list and to get instant access to the very best homes at the very best prices in your area please press 13 now.
To hear description of houses available for rent please press 400 now
If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.

Ext 21 – Submit Short Sale Online

Thank you for calling us regarding Submitting Your Short Sale Deal Online
If you have never submitted your short sale deals with us before Please press 22 Now.
If you have submitted your short sale deals with us before please press 23 Now
If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you.

Ext 22 - If you have never submitted your short sale deals with us before

If you have never submitted your short sale deals with us before visit www.shortsalesmadeeasyby.us (then spell it), Fill your name and email in the form and click on gain access now. Then Follow the steps to submit your Short sale online.
It’s that easy. If you have never submitted your short sale deals with us before visit www.shortsalesmadeeasyby.us (then spell it), Fill your name and email in the form and click on gain access now. Then Follow the steps to submit your Short sale
If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.

Ext 23 - If you have submitted your short sale deals with us before

If you have submitted your short sale deals with us before please VISIT www.shortsalesubmit.com
LOGIN using your E-mail and Password
Then Follow the steps to submit your Short sale

If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.

Ext 24 – Private money opportunities website

To Join our email notification list and to get instant access to the very best Private money opportunities in your area complete the simple form at our website www.gethighreturn.com .(spell it) You'll instantly receive the special report "How You Can Safely Invest Your Money In Today's Market Through Private Money Lending."It’s that easy visit www.gethighreturn.com and complete the simple form below and we will notify you by email when new Private money opportunities will be available.

If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you v.

Ext25 – Private money program for buyers website information

Our company has connections with many Private money lenders who are happy to lend money to our qualified clients.
By using private funding we offer flexible programs to help you to get financing in all situations.This gives potential homeowners greater opportunity to buy their own home with none of the long paper-work or approval process of traditional home loans.

“Our qualification process is so simple practically anyone with a job can become a homeowner through one of our special financing programs.
To get prequalified for our Private money program online please visit www.komelot.com (then spell it), click on contact us tab. Fill out short form below and in the comments section add “Please prequalify me for Private money program” and One of our specialists will be in contact with you shortly. It’s that easy. Again visit our website www.komelot.com click on contact us tab and fill out short form below. If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.

Ext 200 – For Sale description of homes

To hear more about Name your price event and 3 bedroom 2 bath completely renovated home available for Sale please press 201 now
To hear more about (property address or description) please press 202 now

To see information about houses available for Sale online please press 19 now
If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.


Ext 201 - For Sale description of (property address)

This house is being sold at Name your price event it’s 3 bedroom 2 bath Completely renovated home. Inside you will find vaulted ceilings with knockdown, new tile and carpet. Fenced back yard with mature trees, screened patio. All New: Architectural shingles roof, Vinal siding, plumbing, electrical, HVAC, landscaping. Premium kitchen cabinets with crown molding , under cabinet lighting, recessed ceiling lighting, stainless steel appliances, granite countertops with back splash, Stainless Steel Undermount Kitchen Sink , Kitchen Faucet with Touch2O Technology , All new Premium tile bathroom surrounds, granite vanities, in master bath you will find walk in closet, rain shower and Dual sink vanity with granite top. IT’S MUST SEE HOME!!!

This home will be sold at Name your price event Monday Oct 18 where you choose fair price for this home.
For more details visit our website www.buy-house-florida.com again www.BUY-HOUSE-FLORIDA.COM

If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.
Ext 202 For Sale description of (property address)
(description body)

Ext 300 – Rent-to-Own description of homes

To hear about Northside 3 bedroom 1 bath completely renovated home available for rent-to-own please press 301 now
To hear about Southside3 bedroom 2 bath completely renovated home available for rent-to-own please press 302 now
To see information about houses available for Rent-to-own online please press 19 now
If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.

Ext 301 - Rent-to-Own description of (property address)

This house is offered at Name your price event. Name YOUR OWN Monthly and Down Payment Price.
It is difficult time to find a buyer with the set price so we decided to do offer your price event where we would choose from what you can offer us. it’s 3 bedroom 1 bath Completely renovated home. Inside you will find All New: tile floors, plumbing, electrical and HVAC. Premium kitchen cabinets with vine rack, all new appliances, Premium tile bathroom surround and nice Fenced back yard and fenced front.
IT’S MUST SEE HOME!!!

This home will be sold at Name your price event Monday Oct 18 where you choose your price for this home.
For more details visit our website www.buy-house-Jacksonville.com again www.BUY-HOUSE-Jacksonville.COM

If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.

Ext 302 - Rent-to-Own description of (property address)

This home being sold on Rent-to-Own bases.
You can Name YOUR OWN Monthly and Down Payment Price.
It’s 3 bedroom 2 bath Completely renovated home. Inside you will find Vaulted ceilings with knockdown, new tile and carpet. Fenced back yard with mature trees, screened patio. All New: Architectural shingles roof, Vinal siding, plumbing, electrical, HVAC, landscaping. Premium kitchen cabinets with crown molding , under cabinet lighting, recessed ceiling lighting, stainless steel appliances, granite countertops with back splash, All new Premium tile bathroom surrounds, granite vanities, in master bath you will find walk in closet, rain shower and Dual sink vanity with granite top. IT’S MUST SEE HOME!!!
Purchase price of this home is $129,900.
For more details visit our website www.buy-house-florida.com again www.BUY-HOUSE-FLORIDA.COM

If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.

Ext 303 – Rent-to-Own description of (property address)

2000 Sq.Ft 4 bedroom 2 bath 2 story home. Only $900/month . Completely renovated, with security system, painted inside and out, lots of new windows to bring in natural light! All new doors, New 16" tile in bathrooms and kitchen, Updated electrical, new plumbing, Fully remodeled 2 bathrooms. You will enjoy a fresh and clean look and feel! First floor all tile, second floor all oak wood. A lot of space ,great for a big family.

This great remodeled 2 story home located at (property address)
For more details visit our website www.komelot.com again www.KOMELOT.COM

If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.

Ext 400 – Rent description of homes

To see information about houses available for Rent online please press 19 now
To hear description of 3 bedroom 1 bath remodeled home available for rent please press 401 now

If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you shortly.

Ext 401 - Rent description of (property address)

3 bedroom 1 bath 1000 Sq,Ft Remodeled home with carport and fenced front and back yard available for only $750/month conveniently Located at (property address)
In this Recently updated home You will find Updated Tile floors, Fresh paint in and out, Updated appliances, AC, Water Heating, Bathroom and kitchen with vine rack. Inside Washer and Dryer hook up . If you have any questions please press 0 to be connected to the operator or leave detailed message after the tone and our specialist will contact you.

Ext 402 - Rent description of (property address)
(Description body)

Ext 500 - Private money opportunities available

To hear about opportunity (put name of opportunity) press 501 now
To hear about opportunity (put name of opportunity) press 502 now

Ext 501
(opportunity body)

Investor tips: How to sell House in Jacksonville fast?

If you are an Investor and looking for an Ideas about How to sell property fast keep reading.
One of the ways to sell property fast in Jacksonville is technique called Property Launch Formula.

Here is Property Launch plan.

1 Create web page for event
2 Order Bandit signs
3 Install signs
4 Modify your phone system. Add new ext. with property description and website addresses to get more information.
5 Order Post cards to mail to tenants in area.
6 Advertise on craigslist - post adds 3 times a day for each property. See video how I do Craigslist posting.
7 Make Social Media announcements.
8 Create a Blog Post with explanation of what is Property Launch Formula in Jacksonville, FL and how you can make it possible for people with less than perfect credit own their home.
9 Create auto responders for database you use
10 Email yuor buyers list
11 Consider using Text messaging system for attracting buyers
I will write updates on the results.
Here is a Mind Map of Property Launch Formula I use
Click on the picture to make it bigger.

Are you a veteran looking to finally buy the home of your dreams in Jacksonville, FL?

With NAS Jacksonville located nearby, veterans and active duty personnel can become part of a thriving military community. How can you make home buying a reality?
Use the popular option amongst military member homeowners—the VA loan.

Why a VA Loan?

Lenders offer great interest rates since the Department of Veteran Affairs secures the loan. That means saving a substantial amount of money on monthly mortgage payments. Other benefits include…

• No Money Down
• No Private Mortgage Insurance (PMI)
• No Prepayment Penalties
• Sellers Can Finance Up to 6 Percent of Closing Costs and Concessions

Qualified borrowers can secure a VA loan for a limit of $417,000 without a down payment in most of the country, including the Jacksonville area. The VA does not have hard credit and income requirements, and VA loans are often easier for service members to qualify for than conventional loans.
How Do I Start the Application Process?


It’s fast and easy. VA loan specialists can help you start the process by obtaining your Certificate of Eligibility. This document explains what VA entitlement, if any, you have. To be eligible for a VA loan, prospective borrowers must meet one of the following criteria:

• A minimum of 90 days on active duty service
• A minimum of 181 days service during a time of peace.
• All applicants must have been honorably discharged.
• Some surviving spouses can qualify

It’s important to note that the VA does not issue home loans. Instead, it provides a guarantee on about a quarter of the loan, a promise that helps lenders offer competitive rates to service members and their families.
VA loans have helped thousands of Floridians achieve the dream of homeownership. VA loans offer service members a degree of buying power and financial flexibility that really can’t be matched on the open market.

"This post comes to you from James Kelley of VA Benefit Blog . A law school student at the University of Missouri, James Kelley works to educate the public on government financing options for home purchases. He is a co-founder of Military Basebook, a facebook application that helps connect military members based on where and when they served."

How to buy house in Jacksonville FL with no money down

Komelot Homes Company Assists Families Who Can’t Qualify For A
Conventional Mortgage Own Their Own Home Even In Today’s Economy.



Homeownership is the American dream and there has never been a better time to buy than in today’s buyers market.

However, the current economic downturn has made it difficult to qualify for a Conventional home loan.

If you have ever dreamed of owning your own home but don’t have a huge 20% down payment or outstanding credit we can make your dream reality.

Komelot makes it possible for people with less than perfect credit own their own home using several programs to assist future homebuyers who may have never thought it was possible in today’s economy.

Komelot has access to homes in all areas of town at every price range. By using access to government and state programs (buyers who qualify get up to $25,000 in Jacksonville Home Buyer Grants. This allows potential homeowners greater opportunity to buy their own home with less money out of their pocket.

By using private funding we offer flexible programs to help you to get financing in all situations.
This allows potential homeowners greater opportunity to buy their own home with none of the long paper-work or approval process of traditional home loans.

“Our qualification process is so simple practically anyone with a job can become a homeowner through one of our special financing programs" says Dmitry Mikhaylov, Managing Member of Komelot Homes. "There are honest good people out there with the dream of owning their own home any they just need a chance," adds Dmitry MIkhaylov "We’re here to help them live that dream."

Komelot Homes offers a free special report “How to buy your Dream House from Residential Redevelopment Company” where you will find " 3 of our newest videos, access to our BRAND NEW bonus video, and access to our VIP notification list... ". To download your free copy simply visit Jacksonville Dream House website.