Money Watch Q & A: My Lease 2 Own - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Money Watch Q & A: My Lease 2 Own

Posted: Updated:

If your credit is blemished because of a short sale, foreclosure or bankruptcy, but you would still like to own your own home, there is an option for people serious about getting back into the housing market. It is called My Lease 2 Own.

Here is how it works. You decide on the home you would eventually like to purchase and, if approved, My Lease 2 Own will buy it for you. You then sign a lease agreement with My Lease 2 Own until you are able to get financing to buy the house yourself. Some people end up signing five year contracts; others commit to shorter term agreements.

To find out if you pre-qualify immediately, log onto https://mylease2own.com/ and click on the green button on the right side of the home page that reads Prequalify Instantly.

According to Greg Hughes, the founder of My Lease 2 Own, the company can also assist buyers with getting the best deal for their home. Since they use all cash offers, not only are their offers accepted more frequently, but usually at better prices than their counterparts. Also, since home values continue to go up every month, this program will allow you to lock in your price for up to the next 4 years. 

If you have questions, call our Money Watch Q & A line between 5-6 p.m. to speak with Greg Hughes. Call (775) 858-2222.

You can also reach a My Lease 2 Own representative during regular business hours at the contact information listed below:

My Lease 2 Own
5440 Louie Lane Suite 106
Reno, NV 89511
Phone: 775-297-4977

Written by Kristen Remington

  • Today's Top StoriesMore>>

  • Dine Out for Life on Thursday

    Dine Out for Life on Thursday

    Thursday, April 24 2014 12:55 PM EDT2014-04-24 16:55:33 GMT
    Dining Out For Life is here! When you dine out at a participating restaurant on Thursday, April 24, a portion of your bill will go to Northern Nevada HOPES to support lifesaving HIV prevention, treatment, and care.More >>
    Dining Out For Life is here! When you dine out at a participating restaurant on Thursday, April 24, a portion of your bill will go to Northern Nevada HOPES to support lifesaving HIV prevention, treatment, and care.More >>
  • South Lake Tahoe Police Look for Missing, Endangered Man

    South Lake Tahoe Police Look for Missing, Endangered Man

    Thursday, April 24 2014 12:52 PM EDT2014-04-24 16:52:20 GMT
    South Lake Tahoe Police are looking for 24-year-old Timothy Duran, who has been reported as missing. Police say Duran is an at risk missing person because he takes mental health medication, which they say he has not taken for several days.More >>
    South Lake Tahoe Police are looking for 24-year-old Timothy Duran, who has been reported as missing. Police say Duran is an at risk missing person because he takes mental health medication, which they say he has not taken for several days.
    More >>
  • Sheriff's Office increases Resident Deputies in Incline Village

    Sheriff's Office increases Resident Deputies in Incline Village

    Thursday, April 24 2014 12:42 PM EDT2014-04-24 16:42:09 GMT
    The Washoe County Sheriff’s Office says it is enhancing the Resident Deputy Program in Incline Village. After more than half a year of planning and preparation, two Patrol Deputies and their families are now full-time residents of the community in which they serve.More >>
    The Washoe County Sheriff’s Office says it is enhancing the Resident Deputy Program in Incline Village. After more than half a year of planning and preparation, two Patrol Deputies and their families are now full-time residents of the community in which they serve.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and Sarkes Tarzian, Inc. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.