Financier Says Anyone With A Job Can Own A Home

Danny Wall, the CEO of Wall Assets, has said that anyone with a job can own their own home. The only caveats to his statement are that you have to be paying your rent without the need for roommates and you need to have enough cash (usually only a few thousand dollars) to actually cover the "move-in" charges. On the plus side, there are NO credit checks.

(PRWEB) April 14, 2005 -- Financier Danny Wall has come out with a bold promise. In a nutshell he says, "if you have a job that pays enough for you to cover your rent, then you can buy a home without having to worry about credit checks."

Like all financiers, Mr. Wall does cover himself by also including that moving into a house does require some upfront costs that do vary depending on the region of the country. As an example, someone wanting to utilize Mr. Wall's company to obtain their own home in San Diego, California could obtain a condo for as little as $3,000 in upfront costs. It could of course also be much more depending on the area you want to live and the size of the home or condo you want to buy.

Mr. Wall has said that his goal is to utilize his expertise in obtaining good deals on homes to benefit the average worker.

He points out that home prices in most cities of the US have risen to the point that it is now more difficult than ever for someone to afford a place of their own; and Mr. Wall wants to change all of that.

When asked how someone could buy a home using the traditional process, Danny Wall had this to say, "We don't use the traditional process. You see, if you use a real estate agent and a mortgage broker, you'd have to jump through tons of hoops and hurdles, stressing for weeks at a time, just to maybe get a preapproval for a home. Then you'd have to have ten percent of the homes value available to you in cash for the down payment. When you figure that most people anymore simply don't have the credit to qualify under the traditional process, let alone have the thirty thousand dollars in cash for the down payment, I felt something had to be done. The great American Dream is escaping too many people. Now I have the solution."

In talking with Mr. Wall, I discovered that the solution was the age-old lease with the option to purchase. Essentially, how the whole process works, is that you contact Danny and let him know where you want to live. He finds out how much money you can afford for rent, where you want to live, what kind of house/condo you'd like to own, and so on. He then sends you out to look at some properties.

When you find one you like, Mr. Wall acquires the home for you, then leases you the home while giving you the option to purchase it usually in two years. To make sure that you'll have what you need, Mr. Wall gives a whopping fifty percent of the rent money, if paid on time, as a purchase credit.

That means that at the end of the two years, you've got your down payment taken care of. During your two years in the home, Danny structures any of several other deals with lenders that he works with to make sure that you will have no difficulty in buying the home outright.

By using the lease with the option to purchase concept, Danny Wall is effectively by passing all of the usual mess involved with the purchase of a home and making sure that you can buy one with very little money down (little more than coming up with your first and last months rent).

"I'm excited by the opportunities with this," Danny said. "Even though home values are still skyrocketing, the average person is now going to be able to take full advantage. Owning your own home is now not only possible ... almost anyone can do it."

You can contact Danny Wall for questions, or to obtain details about this incredible program he is offering by calling him directly at 619-471-6920.

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