Is This You?
Trying to buy a home can be like trying to run through a maze while blindfolded! We don't know how many months you've been looking to buy a home (or thinking about buying) but every month you wait is costing you unnecessary expenses eating up the precious income you work so hard to earn.  Trying to move out of your current situation and into a desirable home can seem like you're swimming upstream:  You keep trying to improve your financial profile and just when you think that you can make the move, something happens that forces you back into the same old situation. You put off buying a home and you continue renting. You become frustrated knowing that you're not helping your family. And then you're back at square one, living in the same cramped place with the same neighbors.  Wondering if you'll ever have the kind of place you deserve.

You deserve better!
You may be tired of the same old space.  Sure your apartment seemed big when you moved in, but now you realize that you're living within inches of 'nosey neighbors'.  Paper thin walls you can't make too much noise, stay up late, work on your car, paint the walls, get newer appliances, etc. without someone making a complaint. Or without checking with the apartment manager.

If you feel crowded now, what's it going to be like next year, or later?  Maybe you're tired of living with relatives.  Maybe you need space for your growing family.  What if the rent gets raised by 20%, what will you do then?  Move out?  Find another temporary space?

Most who rent, do so because they don't know they can buy.  Think Again! No need to continue to throw your money away by renting--  there is a way to get your foot into the door of home ownership and it is our mission to help you find it. We will help you not only find the home of your dreams, but we will help you negotiate all the aspects of purchasing a home to your greatest advantage. We take the hassle out of home buying. A home is an asset so begin building your assets now!

Sure you've looked at the new homes.  The builders promise a super financing deal, but you know that even if you qualify, you'll still have lots of expenses that all new homeowners face.  Landscaping, custom wall paper, garage door opener, appliances, etc. Maybe you could avoid those 'new home expenses' by moving into a home that's a couple of years old. If you could only find a complete house where you could live for 2 or 3 years while you improve your financial profile then you could afford that bank financing. A home that has all the extras included; a home where part of your payments goes towards the purchase.  There is a wonderful answer to your struggle for home ownership.  It's called Lease Purchase (Rent to Own). You can buy a home of your very own right now, and we can help you every step of the way. In fact, we do most of the work for you.

Out goal is simple-- GIVE YOU OPTIONS. While we can't promise that we have just the home you're looking for, we can tell you we're constantly finding more homes and making them available. Nice homes in great neighborhoods the kind you want.

Who are We?
 L-Star Professionalsare property investors that buy homes and make them available to people like you.  We recognize the growing need that nearly 40% of the families face. That need is the ability to buy the home they want and meet the requirements of lenders.  By providing our own financing for 24 to 36 months, we help you the home buyer 'bridge' the time you need to build equity in a home and meet the requirements of the conventional lenders.  We help you save for a home while experiencing home ownership. 

       You may still be in the "thinking about it" stage.  Maybe you've tried talking with a lender maybe you haven't decided you're ready to go that route yet. While it can't hurt to talk with a lender now, do you have the financial profile suitable for a new loan? 

         That's why L-Star Professionals buys homes and makes them available to people just like you. We buy and sell real estate as a personal investment, so we know the difficulties homebuyers' experience when they try to get home financing.  We've found a trend setting way to get you over the hump of home ownership.We are dedicated to helping renters to become home owners and for many, Rent to own homes, Lease options are the most dynamic and simplest purchase and selling methods available.  Our goal is to make it easier for the renter to begin enjoying the many benefits of home ownership for themselves and families.

We offer a proven way to beat the lenders' system of 'get your money first and live in your home later'. Our motto is…

What is Lease Purchase?
A Lease Purchase contract combines a basic lease contract with an option-to-purchase contract. The tenant/buyer pays to the landlord/seller a "non-refundable option deposit" and a typical monthly rental plus a rent credit which would be applied to the purchase price of the home. During, or at the end of the lease period, the tenant/buyer has "exclusive right to buy the home" under the terms to which both parties have previously agreed. In essence, a Lease Purchase is a contract to sell with a "delayed closing date". 

The lease purchase contract has proven time and time again that it is here to stay. People do this all the time. This is a highly sought after method by those who know about its powerful features and benefits. If others can do it, why can't you? 

 Take the following for an example. You take interest in one of our available properties. You viewed and inspected the place, fell in love with the home, and you call us saying, "I want it." At that point you fill out an application. Don't worry about this part; it's simple!  We just have to verify the information.  Then you fax it to us.  Within 24 hours you get the answer you've dreamed of.   IT'S YOURS!  You put down of $5,000 or up to $7,500 option fee which is credited back to you at closing when you're ready to get a mortgage in your name, pay the first month's lease payment, and you're able to move in. There is even a  "rent credit" (a % of the monthly lease payment) built in that's also credited back to you a closing. You have simply signed a "Lease Agreement With Purchase Option," and it locks in a specific sales price, and the monthly lease amount.  Plus it allows you to enjoy the home while you pull together the rest of your downpayment and clean up your credit rating. There is no long pre-qualification  process, no days and days waiting for an answer, and no more rejection. 

Now that you're getting a clearer picture of what can take place, read the following and get really excited about your possibilities.

The 'Lease to Own' Process
          Usually we begin with your phone call to find out some preliminary information concerning the type of home you want, preferred location and financial information.  Our interest in your financial profile is to assure that as best we can determine, you'll be able to purchase one of our homes by the end of the lease.  (Remember we want you to buy the home).

         Next, we'll give you the addresses of a couple of homes that meet your preferences. After you've looked at the homes and reviewed the area, we'll go over the specific terms of our lease and option to buy paperwork.

          Based on your desired date of possession, we can frequently wrap up the entire process in less than 7 days.  If you need longer and want us to hold the home for you, frequently we can accommodate that.  A word of caution.  Because we make home buying so easy, our homes don't last long.  If you select one of our homes, don't delay.  Homes like ours don't last long.  We can be flexible on our date of possession.  But we do follow the 'first come first served' principle.

Get You Into Your Next Home
          If you're ready to act now or have some immediate questions, you don't have to wait for our call.  You can contact us right away at (416) 707-5762.
          If you want an alternative to the stale, conventional ways of buying a home, pick up the phone and call us now!   We specialize in finding ways to give you the pride of home ownership. We urge you to let us try. You have everything to gain and nothing to lose! And if you  are ready to get in to our program, please fill out our Profile Form or please call our office at (416) 707-5762 or e-mail Leah at leahern@sympatico.ca for details. 

But What About...?
We're sure that you have questions.  Click here for Benefits to Buyers or for answers to your questions FAQs.