Equity is a full service commercial Business Trust servicing the residents and prospective home buyers in the State of Nevada with affordable housing programs. These programs enable our clients to move into the home of their choice today -- on a lease basis.  At the end of a 12 - 36 month lease period, our client can either take ownership of the home -- or move elsewhere, if circumstances require. 

Any property we purchase directly from the developer will always be Owner Occupied. Under our Lease-to-Own Program we are the guarantors and financiers for our clients who would not qualify for a loan under normal circumstances.

The Lease-to-Own program enables us to:

• provide mortgages to financially responsible parties otherwise unable to qualify
• offer the most affordable housing available
• allow our clients to move into the home of their choice today -- on a lease-to-own basis

Here is a break down on our Lease-to-Own program based on a house of $200,000:

• What are my costs?

  As our client you would pay a 15% marked up price. In this case $200,000 plus 15% = $230,000

• What do I need to put down as a down payment and what interest am I paying?

  Zero Down and the annual interest is 7,5%

• What are my payments, interest, and add on's?

  $1,437.50 per month all incl. based on a $200,000 home with a 7,5% interest rate per year

• After what period can I take full ownership of the house?

  At the end of a 12 - 36 month lease period, you can either take ownership of the home -- continue to lease -- or move elsewhere, if circumstances require. Best of all, if you opt to buy, you can get back up to 50% of the total rent paid during the lease term, as a credit towards the purchase of your new home.

• What do I declare on my taxes for a deduction or can I deduct this house on my taxes if you bought this house?

  The monthly lease payments are tax deductible like a mortgage payment

• How much risk am I taking?

  The risk is zero as long as you pay the monthly lease. If you default on your lease payments, it would be similar to a bank mortgage where the bank forces their client into foreclosure

• How much are you charging me for this $200,000 home and when can I say I really truly own it?

  $230,000. You can own it anytime during the lease term by taking over the mortgage in your own name.

• Who is mentioned on the trust deed? Your company or myself?

  On the Trust Deed we own the property and you have a Lease-to-Own contract, which can automatically be converted into ownership. We actually hold the properties in Trust on behalf of each client until they decide to take the option for purchase.