SPOTTED DOG PROPERTIES

PO Box 8003
East Peoria, IL 61611
ph: 309-453-8786
fax: 309-347-8827

Option to Buy

What is "Rent with Option to Buy"?

Spotted Dog Properties offers this program to help customers become homeowners.
We are proud of our Option to Buy Program because it is unique compared to most Option plans offered by others in our business.

 

Here is a brief summary of Vista's Option to Buy Program...

     • similar to putting "dibbs" on your home
     • LOCKS in your purchase price for 12 months!
     • monthly rent is discounted cheaper than regular rent
     • allows you opportunity to
                    1.) obtain financing
                    2.) exercise your Option
                    3.) and purchase your Home

Most other programs charge an additional monthly fee for participation in an Option plan. Spotted Dog Properties actually discounts your monthly rent with your participation in our Option to Buy Program.

If someone approaches Spotted Dog Properties and wants to buy the house you are renting with an Option to Buy...no deal. You have an exclusive Option to Buy on your home and nobody can buy it during your Option period.

Established Spotted Dog Properties customers may be offered Owner Financing, including no money down, after developing an excellent relationship with Spotted Dog Properties, Inc.

Option Fees are determined by the Sale Price of the Home and generally start at $1,500

What's the Catch?  (Here is the fine print, and the ugly stuff.)

• Please note that with this Rent with Option to Buy Program, you are buying an  "Option to Buy" on a house.
• This is NOT a "down payment" on the purchase of a house.
• Your Option to Buy fee provides you the benefits listed above.
• At the time you exercise your Option to Buy and actually purchase your home, your fee will be credited to the purchase price.

Spotted Dog Properties program has discounted monthly rent for customers who purchase an Option to Buy; therefore, no part of the monthly rent is credited toward the purchase price of the home.

What happens if I do not exercise my Option to Buy?
     Sometimes this happens. If this occurs you still have several choices:
        a.) You will not forfeit your entire Option Fee
                (part is set aside similar to a traditional Security Deposit)
        b.) maintain excellent relationship with Spotted Dog Properties & pursue                  Owner Financing
        c.) You may renew or purchase another Option
                 (remember Houses usually go up in value)

Call Us Today!

We Sell Houses, Some homes are
Rent to Own! 

Please contact us anytime!

We look forward to hearing from you!

Cell: 309-453-8786

Fax: 309-347-8827

Email: dusty@spottedil.com

"We were looking for a place that was closer to school for our children, we were first time home buyers and didn't know where to start. Dusty at Spotted Dog Properties went out of his way to help us. He spent a lot of time talking to us. He was patient and responsive when showing us properties that Spotted Dog had. We decided to go with Spotted Dog Properties Rent to Own program. It made the most sense for us. Once we found the place the process was seamless. We plan on staying in this home for a long time, but in the future we would definitely use Spotted Dog Properties again."
-Bruce W., Bartonville

PO Box 8003
East Peoria, IL 61611
ph: 309-453-8786
fax: 309-347-8827