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Credit Scores and Credit Repair has always been a relatively mysterious concept. Everyone is aware that a high credit score is good and over 700 is Great! But did you know some 700 credit score applicants still can’t get financing due to a lack of trade lines? At Dometri Companies we evaluate each Rent to Own client carefully to make sure they are able to obtain financing. We operate a full service credit repair company with staff dedicated to doing credit repair for all Rent to Own clients. We are able to deal with such items as: - ID Theft
- Bankruptcies
- Foreclosures
- Judgments
- Tax Liens
- Civil Claims
- Collections
- Late Payments
- Charge Offs
- Repossessions
- Garnishments
- Inquiries
- Incorrect Personal Info
Our objective is to improve the Rent to Own tenant’s credit score so they may purchase, after all once they purchase you get paid too. |
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Our mortgage lending department is premier because of its commitment to integrity and service to our lifetime clients. Our financing is known as a cutting edge with old-fashioned values and philosophy. We stay ahead of our competitors in the lending crowd by making investment financing our specialty. We are specialists in Investment Purchases and Investor Home Equity loans, including lines of credit, no equity loans, multi-unit property refinances/purchases and private money loans. So whether you are buying your investment property or investing in the hottest real estate market in the country, we have the knowledge to make it all come together. Our mortgage lending department is premier because of its commitment to integrity and service to our lifetime clients. Our financing is known as a cutting edge with old-fashioned values and philosophy. We stay ahead of our competitors in the lending crowd by making investment financing our specialty. We are specialists in Investment Purchases and Investor Home Equity loans, including lines of credit, no equity loans, multi-unit property refinances/purchases and private money loans. So whether you are buying your investment property or investing in the hottest real estate market in the country, we have the knowledge to make it all come together.
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Over the past 10 years we have tailored our skills to be judgment recovery specialists. At one point it time it was done to simply collect debts jointly with our clients and we’d share in the collection success. At another point in time, we used judgments as a way to redeem real estate during the foreclosure process. Sometimes we were involved in collecting on a larger judgment by having to foreclose on a parcel of real estate. The moral is that we know judgment collection which in some cases is like squeezing blood out of a turnip. At Dometri Companies we use these skills to attract a more diverse group of Rent to Own clients. Specifically we will demand that the Rent to Own tenant pay a higher premium in rent, we don’t require a down payment or deposit, then have them sign a $5000 promissory note as an option fee to purchase the property. In short, they are not putting money down rather they are obligating themselves to a debt. At the same time, we are collecting a higher premium for rent. What happens if the tenant vacates and does not purchase the Rent to Own home? Assuming the Rent to Own tenant refuses to pay the option fee specified in the promissory note, the promissory note goes to court and gets transformed into a judgment. At that point we go into judgment recovery mode and simply follow our already defined process which includes garnishing banking accounts, garnishing wages and more. We’ll collect the option money at no cost to you because we are your investment partner. Note, the option fee covers about 3 months debt service and all filing fees. |
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Our flexible Rent to Own purchase programs consistently generate higher rents with a special technique that gets most tenants to put down $5000 towards the purchase of the home before they move in. Our bilingual communications also assist in providing all of our Rent to Own tenants a comfortable feeling with our program. We continually fine-tune our messages and measure our programs for effectiveness. The overall goal is to gain maximum exposure for the perfect Rent to Own tenant. All of our prospective tenants must complete a thorough five-step qualifying process. We conduct a complete credit check, employment verification (written and verbal), current and previous residency inspection, including a drive-by of current residence, public record search and criminal background check. If you think we are tough on this - you're right! Remember that: Our success in this business starts with getting qualified Rent to Own tenants. Using our vast property management experience, we make sure your property is priced appropriately for rental home market conditions. We will negotiate on your behalf and finalize the lease agreement. We collect rents, renew leases, collect late fees, and conduct the eviction process if needed. In addition, we have access to real estate attorneys, should a situation require legal counsel of which we’ll also handle while keeping you 100% in the loop. |
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We are in the business of having to identify distressed property that is owned by motivated sellers. We figured out a long time ago that an ideal motivated seller is one that is behind on payments, in foreclosure and has left the home vacant. We call this “skipped”. When a home owner has skipped from their home, they have all but given up on selling their house and they really don’t care what happens. We have found that negotiating with these sellers is most advantageous to us. However the sellers still have to be found. Since we are licensed in Private Investigation we specialize in skip tracing individual sellers of real estate. The skills and trade of skip tracing is tricky and takes years to learn but also yield some of the greatest investments opportunities. |
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