What happens if we’re forced to evict the tenant buyer?
In this unlikely scenario, the tenant buyer would lose their Initial Lease Option Deposit, and we would find another tenant buyer. Finding another tenant buyer should take no longer than 1 month, and we would collect an Initial Lease Option Deposit from them as well. This is why we say you have a Predictable return on your investment, because however unlikely, things do sometimes happen. We will do our best to find another tenant buyer as quickly as possible, and work with you to determine the best way to proceed with the investment. The investor should note that although having something like this happen sounds risky, in reality there is a large demand for Lease to Own homes and it would not be difficult to replace the tenant buyer. The investor’s return on investment might also increase due to the collection of a second Initial Lease Option Deposit, but this would be determined on a case by case basis. * This is an extremely rare circumstance; we do everything in our power to make su
