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Creative Realty and Financing, LLC  

SALE LEASEBACK PROGRAM
 

This program is the result of a collaboration of some of the best legal minds in the nation and is founded upon the fundamental principle that families, not banks, should own homes. We proudly stand out as an ethical and legitimate alternative to those less credible companies whose predatory tactics do nothing but exploit the homeowner' financial predicament.
 

We are committed to helping troubled homeowners remain in their homes and secure them for long time use. Our program, which addresses a number of financial crises, is compliant with both state and federal law, is endorsed by the legal community and is highlighted by the following:
 

We help troubled homeowners whose homes are upside down with little to no equity

For qualified homeowners, we will purchase their home from them for the amount of the first mortgage and second mortgage and other liens and then lease their home back to them for a period of three to seven years.

This program operates nationwide.  Approved in all 50 States.  

Protection from personal liability for any financial deficits due your lender after foreclosure or short sale, also known as a court-mandated deficiency judgment (Which can be used by your lender to garnish your wages up to twenty years);

A new, lower monthly payment, typically 40% - 60% of your current monthly payment;

A new principal balance, typically 40% - 60% lower than your current principal balance;

A contractual obligation to limit increased payments. This is in stark contrast to the aforementioned predatory agencies whose contracts do not legally bind them to protect you and who will offer you a low rate at the beginning and thereafter raise it far beyond your ability to pay;

Owner financing, even if you have difficulty qualifying; and

Peace of mind, perhaps the most important benefit of all. 

Your home is one of the most valuable investments you will make. We are dedicated to ensuring that it will also be one of the most successful investments you will make.

Additional Note: In order to apply for the program, a client needs to complete and submit an Sale and Leaseback Intake Form to see if their home qualifies. 

Click Here to Download our Forms 

Sale and Leaseback Program Q & A
       

1. What is CRF Company (CRF)? 

CRF is first and foremost a premiere, real estate investment company. We purchase residential and commercial properties and offer them as leaseback opportunities to qualified homeowners. We do not offer loan modification agreements, short sales, defenses to mortgage foreclosure actions, mortgages, or renegotiate mortgages for others. 

2. Does CRF engage in foreclosure defense actions? 

If CRF has purchased a property with an underlying mortgage at risk of foreclosure, we will conduct a forensic audit to determine if the mortgage complies with federal and/or state law. 

3. How much time is given when someone wants to start paperwork but money is tight? 

CRF will look at this on a case by case basis.  

4. What formula determines the amount of the monthly lease? Is this without escrow? 

40-60% of total monthly mortgage obligation including escrow, and also based on income. 

5. What home values do we work with?  

A minimum of $100,000 up to $100 million. 
    

6. If there are liens on the property, will the title company take responsibility to clear or does title need to be clean prior to our closings? 

Title does not have to be clean for us to close the transaction, but we have to know we will be able to resolve the lien. The end of our process will wipe out all liens.   

7. What are the restrictions as far as property type for commercial deals? Can it be a gas station, small hotel, etc?

Commercial deals are reviewed on a case-by-case basis. 

8. Is there a penalty if the client buys back before the three years? 

If the client wants this option it must be negotiated at the time we do the pre-sales closing agreement. The option must be included in the pre-sales closing agreement. Homes can only be purchased 90 days after CRF has purchased the mortgage.