Landis Rent to Own Program: How it Works!

DISCLAIMER: I do NOT work for Landis. I am an independent realtor in the state of Maryland. I was not paid to create this video and it is based strictly on research I conducted when this video was made.
UPDATE: LANDIS NO LONGER OPERATES IN THE STATE OF MARYLAND. In the states they do operate, they now require the minimum home purchase price to be $160,000. A minimum 680 FICO 4 credit score. A minimum monthly income of $5,000. 12 months rent payment history. No charge-offs in the past 12 months. No bankruptcies in the past 12 months
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Central Maryland | Baltimore Metro📍
Direct: 443-233-1593
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[@AudreyRozier]

Thank you for watching! My contact information: Audrey Rozier, Maryland Real Estate Agent Keller Williams Flagship of Maryland Direct: 443-233-1593 Office: 410-729-7700 [e-mail] AudreyRozier.com

[@prekshasuthar4824]

I am on work permit visa in Canada. Am i eligible for rent to own ?

[@jefferson.castillo]

My wife and I just got approved. I came here to seek info! Thanks for the great intel! 😊

[@AudreyRozier]

Congratulations on getting approved and you are very welcome! I'm glad this video was helpful! If you have any questions about the program, feel free to reach out to me! Audrey Rozier, REALTOR® Professional Keller Williams Flagship of Maryland [phone] [e-mail]

[@bevill72able]

Congratulations!!! Praise The Lord!!!!

[@hossacip]

Are you in a home now? If, so how is it going for you?

[@realtorforworkers]

This video is so on point. Thank you for making it. I am a agent and I have client that I think can take advantage of it. Although I do think that Landis has updated the amount of home that they will buy. You did great and you speak so well. Your great.

[@AudreyRozier]

You’re very welcome! And yes landis updated their purchasing criteria to include homes up to $500,000. I plan to make a video with more updates they made to the program

[@qanetriarhynes2373]

Thank youuuuu very helpful !!! took great notes off this video !! Headed for my new home ❤️‍🔥

[@AudreyRozier]

I’m glad it was helpful!

[@seraphymsolshop2126]

Wow! This video and your professionalism along with wholesomeness makes me wish we were looking for a home in Maryland. (Maybe when my mother in law is set to move I’ll send her your way.) Thank you so much for this excellent, well informed and well put together video. I wish we knew about something like this here in NJ but it took us considering relocating to NC to find out about this!

[@AudreyRozier]

Thank you so much for your kind words! I’m truly glad you enjoyed this video. I would love to be of assistance to anyone you may know looking for real estate services as I have an extensive network of agents throughout the entire country ☺️ happy holidays to you!

[@seraphymsolshop2126]

@@AudreyRozier Tremendous gratitude! How could I (& I might discover this upon sending this) contact you?

[@AudreyRozier]

@@seraphymsolshop2126 Here 's my contact information! Audrey Rozier A Place & Company of Next Step Realty Direct: 443-233-1593 Email: [e-mail] AudreyRozier.com

[@donnahawkins8486]

After speaking with you and watching your video, I feel like my dream of becoming a Home owner is possible. I just need to improve my credit score and save up some funds. All things that are already in the works. Thanks a million Audrey for this new surge of hope.

[@AudreyRozier]

You are very welcome! It was a pleasure speaking with and I wish you all the best!

[@hollypatrick1050]

plz read a real review of landis homes, they change 3% of the homes price even if it went down in value, overcharge rent and fees, did you even check to see what the grant amount for closing is in your area? some states pay closing if you stay for 5 years its forgiven, this is a scam, origination fee 2.5 to 7.5% (7,500 to 21,000 for $300k house) non refundable and your responsible for repairs, instead get a first time home buyer loan, buy a point or half point, you can buy mortgage insurance if you dont have enough downpayment, get the tax write off, rent out a room in the house if you have to, buy with a partner. dont fall for this you dont need credit counseling you need to pay everything on your credit report period, thats your counseling you can borrow from 401k for downpayment

[@lorettahawkins1269]

From what I Have Already Read About Landis This Is What You Did Not say. Landis Will Own Some Of Your Equity. So I Would Never Do This! Becareful Home Buyers. If It sounds too good to be true It Is. And She gets paid to explain It Like It's Easy but she doesn't tell you the down side.

[@AudreyRozier]

I’m actually not paid by landis. I’m an independent contractor that runs my own business. I do try to share information as I come across it and at the time of this video, landis had not made anyone aware of that. I will be doing an update video about the changes I am aware of since posting this video. It is pretty much a year old at this point.

[@benbooker9114]

Do you have an update video now 🧐??

[@benbooker9114]

Never mind I found the update, but is there an update to the update 😅

[@cstar1931]

Alright now sista. Im not in the area but it was a pleasure to watch and learn about this program which I will pass it along to people, coworkers that may be looking to relocate own out of state properties. Best wishes 🙏🏽✊🏽

[@AudreyRozier]

Thank you so much. I’m glad you enjoyed the video

[@antoniocook8471]

This video was VERY helpful thank you.

[@AudreyRozier]

I'm so glad you found it helpful, let me know if you have any questions!

[@HeyyyyDesiree]

Thanks so much for this video! My realtor friend just presented it to me and you explained it so well! I do have a question tho. You mentioned how we can still use first time homebuyer programs. We are already approved through one so if they help us with the downpayment couldn’t we just purchase the home from Landis right away with whatever money we have to put down plus the down payment assistance? Thanks girly!

[@AudreyRozier]

Hey there! Yes that is correct! If you are already approved through a traditional mortgage company, you are able to purchase the home at any time. Just make sure that 1st time buyer program works with the location and the home! Your lender should be able to confirm that 🙂

[@rosalindmedlock-lightfoot2409]

You are simply AWESOME!!!

[@AudreyRozier]

Thank you so much! ☺️

[@jessicajade.9579]

This is the most simple yet informative video of how Landis works, THANK YOU! I am in Philly... would you have a referral for an agent here?

[@AudreyRozier]

Hi there, absolutely. Please complete this form and I will connect you with a local agent in Philly! form.jotform.com/220586568741162

[@Dragon_Sammy_]

Thanks! Very informative!

[@AudreyRozier]

Im so glad you found it helpful!

[@coreyallen2957]

Definitely will be looking into this

[@AudreyRozier]

Awesome, let me know if you have any further questions!

[@carolinalivn]

Great video, subscribed ✅

[@AudreyRozier]

Awesome, thank you!

[@victoriawheeler970]

Thanks 👍 this is just what my family and I are looking for. Does this program assist Washington DC residents

[@AudreyRozier]

Unfortunately, landis doesn’t operate in DC.

[@renaford4037]

Hey I just got approved and I'm in Maryland

[@AudreyRozier]

That’s awesome, congratulations! If you’re not already working with a realtor, I’d be happy to assist you! If you’d like, you can schedule a call to chat with me! calendly.com/rozierjohnson/buyerconsultation

[@aydeninaction3925]

Hi, so when you say you will need to find a lender. Is that when you are first getting approved for the program or is it a year later when/if you decide to purchase the home? Thank you for this awesome video!

[@AudreyRozier]

Hi there, you will need to go through your own lender later when it is time to purchase the home in your name.

[@ShariLane]

Hi Audrey, thanks for doing the video. It was very informative. I am with a first time home buying program in Winter Park, Fl. Does Landis service in Florida? Also, thanks for putting Holly Patrick in her place. :)

[@AudreyRozier]

Hi Shari! I’m glad you enjoyed the video! Yes, Landis does operate in Winter Park on a case by case basis so it’s important that during your home search, you send the homes to your Landis representative to make sure they work for the program 🙂 Let me know if you’d like me to connect you with one of my realtor partners there!

[@sharilane1261]

@@AudreyRozier Hi Audrey, sorry for the late response. Thanks for letting me know and I will do that.

[@JPIIBopENT]

Thanks for this video Audrey, I have a question. If you use this program, what percentage of down payment are you putting down when you obtain the house? Am I still going to need mortgage insurance? Or does this work you up to the 20%?

[@AudreyRozier]

Hi there, that's going to depend on you. Landis has its minimum requirement of the 3% down and works to help you save on a monthly basis for closing costs however your credit score and financial situation will determine what kind of loan terms you will be approved for later. Landis' minimum monthly savings requirement likely won't get you to 20% unless you agree to put in more of your own money to do that.

[@kasindaransom8876]

Good morning! Thanks for sharing this helpful information. My family and I are living in NC, does Landis service NC as well?

[@AudreyRozier]

Yes landis operates in North & South Carolina!

[@EmpowerHerDreams]

I'm in the Raleigh, NC area

[@AudreyRozier]

@@EmpowerHerDreams I have a partner there. If you'd like to be connected, here is the link for my referral program: linktr.ee/audreyrozier

[@aquarianage5444]

Me and my wife got approved also!!

[@AudreyRozier]

Congratulations on getting approved! If you are in Maryland, I’d love to be of assistance! If not, I can refer you to an agent as well! Here’s my contact information! Audrey Rozier, REALTOR® Professional Keller Williams Flagship of Maryland [phone] [e-mail]

[@charlenehunt-miles7542]

@@AudreyRozier I just started a new job, I lost my previous job due to covid-19, Im still in the customer service industry. Does landis require you to be on your job a certain amount of time before applying to their program? Any information would be greatly appreciated.

[@AudreyRozier]

@@charlenehunt-miles7542 Hello, not that I am aware of. I had another client lose their job and she has an offer letter. My local representative mentioned that it should be fine. Additional verification may be needed but they should be able to make it work.

[@charlenehunt-miles7542]

@@AudreyRozier Thank you for answering my question. Have a great day.

[@AudreyRozier]

@@charlenehunt-miles7542 You’re very welcome, you as well!

[@cherylgillespie8417]

Very informative

[@AudreyRozier]

I’m so glad you found this video helpful. If you have any further questions, please don’t hesitate to reach out to me!

[@hottahti32]

I just started working with them. They say they accept 401k for down payment but they require you to pull the funds out immediately rather than when it is becoming a mortgage. There is also a security deposit as the renter. They want you to have $2k in a savings account so you will get those penalties for early withdrawal now rather than when you actually covert to a mortgage.

[@AudreyRozier]

Yes, do they require you to send that money prior to making any offers on homes.

[@naomig81]

thanks for the info! We just heard about the program and we were interested. How does this work for small business owners since we don't have paystubs? is the process any more difficult?

[@AudreyRozier]

It’s not more difficult at all. You would just need last years tax return form, 2 recent bank statements (for both your personal and business if applicable), and your year to date profit and loss statement!

[@shonnieShon]

I'm happy you asked this question I need the answer as well

[@Nda54Gem]

Hi! Awesome Informational Video. I am researching this program I live in MD and inquiring will Landis Accept Housing Choice Vouchers towards rental to purchasing? That’s if they and the agent knows how it works for this type of option.

[@AudreyRozier]

Hi there, from my understanding, I don't believe Landis works that way. When completing the application, the only sources of income they request are those going directly into your account similar to a traditional home purchase. You can contact them directly if you'd like to clarify further. www.landis.com/

[@zayvonjohnson2896]

Good video!

[@AudreyRozier]

Thank you ZayVon!

[@mekiaboo86]

Great information! Which program is better or the difference? Landis or Home Partners of America?

[@AudreyRozier]

Hello, great question! I think it depends on what you are needing financially! The landis program will generally approve you for less in a pre-approval because they are helping with the down payment in the monthly rent. A portion of those funds go towards your purchase later. Home partners will approve you for more up front and you will be responsible to come up with your down payment and closing costs on your own. The other big difference is that home partners allows you to walk away from the home without any stipulations if you decide not to purchase the home, landis really wants to to purchase the home you choose and will penalize you if you decide to not move forward with the purchase. Just a few things to keep in mind, let me know if you have any other questions!

[@TheeGoldenGirl]

@@AudreyRozier what kind of penalties are in place if you do not purchase the house in the 1-2yr time frame?

[@AudreyRozier]

@@TheeGoldenGirl Great question, if you do not purchase the home, you'll receive your down payment savings back and Landis will take 3% of whatever that is to cover their costs.

[@denisedouglas7922]

Hi. I've been looking into different options for buying becuz the market is so crazy right now. However, we aren't ready yet due to credit and getting money saved. Would you say it would be best to save money for their deposit first before applying our would we have time to save while in the process? I ask becuz we could probably quickly get the money together while in the process.

[@AudreyRozier]

Hi there, I think it’s best that you wait to apply. Landis will not approve your application to start home hunting until they see you are fully ready including those deposit funds.

[@patriciaharris829]

I have been approved but is there a restriction on the year of house we select ?

[@AudreyRozier]

Hello, yes so homes built prior to 1978 will require additional approval. They have to verify the home has no lead and no issues.

[@lesd.9253]

I'm interested but need to wait until my current lease is up.. I was trying to buy at a low rate but my score is 680.. How long is the process and how far in advance do I need to apply

[@AudreyRozier]

They recommend beginning the process 2+ months out. I suggest 3 months before you want to put the key in the door. The process takes 4 weeks in general to go through processing and unfortunately in this market, it’s taking longer for offers to get accepted. I would suggest planning for a month for just the searching portion of it.

[@peeraspirations3765]

Audrey I'm looking to move into a condo. Is that in the criteria?

[@AudreyRozier]

Unfortunately, Landis will only purchase single family or townhomes, no condos 😕

[@luvjah1982]

Is this program only for first time home buyers? Can you use it to purchase a second home?

[@AudreyRozier]

Yes this program can be utilized by returning buyers.

[@danielma-realestatevaluema7975]

Hey Audrey. super interested in how Landis works! even though you don't work for them internally, do you know how Landis makes money?

[@AudreyRozier]

Great question! When the home is purchased, the prices increases by 3% since when it appraised when Landis purchased it. After 3 months, there’s an additional 0.75% totaling 6% after 24 months. There’s also the cost of the rent that’s not being applied to the down payment.

[@danielma-realestatevaluema7975]

​@@AudreyRozier ​makes sense! so its important to only approve buyers who can afford the 3-6% appreciation within 2 years. thank you!

[@AudreyRozier]

@@danielma-realestatevaluema7975 that’s correct!

[@Feddy99]

I'm an agent partnered with Landis. I just don't know how to find the clients lol

[@AudreyRozier]

Advertise like I’m doing with a video explaining it! Because it’s such a new program, I haven’t seen any videos explaining it. Video is how a lot of people consume information these days 😊 let me know if I can help you in any way!

[@sarahlevxo]

How does Landis work in New York? is it only down payment and not closing costs?

[@AudreyRozier]

Hello, Landis does not operate in New York. It is really just the down payment however generally they get lumped together when the time comes to settle on the home.

[@richmfriedman1]

I am a realtor in the Philadelphia area I am thinking about working with Landus . I have experienced the company buying my listing. Just looking for your experience working with buyers and do you have any clients that have now purchased the house from Landus Thanks

[@AudreyRozier]

I did another video on my experience actually. Here it is: Landis Rent to Own Program: My Opinion! kzbin.info/www/bejne/jpSznp2hlL2setE

[@melissabrathwaite2115]

I am so interested in this program and would to apply however currently I am on Section 8 I would like to know would that hinder me from applying to this program

[@AudreyRozier]

Hello, it shouldn’t stop you from being able to apply and get qualified but I don’t think they will take that income in consideration as far as stable income that you earn through employment. You will have to qualify most likely without it. I would reach out directly to them to see if that works for them. [e-mail]

[@rosedigitalmarketingmom]

Are the rental payments at market rates because market rent is over $2000 for a 3 bedroom apartment now. This may not work for low to moderate income individuals.

[@AudreyRozier]

Yes. They’re primarily charging you what it would cost to rent a home at the homes value. I haven’t really seen the area play much into that though so if you went to an area where 3 bedrooms are in general cheaper, you may pass less than the market rate in a more expensive area.

[@TwinkiesShine]

Hello, if you are not approved for Landis are you able to reapply in the future? If so, how long after being denied?…Also whatever are the major this Landis looks for with the soft pull?

[@AudreyRozier]

Yes! You can definitely reapply later once you meet the requirements. They have a coaching app that you can download on your phone that helps tracks your progress with your credit score and down payment. It also has educational content on there as well!

[@TwinkiesShine]

@@AudreyRozier do you have an email or website so if I’m approved I can work with you, I also am in Baltimore, MD

[@AudreyRozier]

Absolutely, I'd love to assist you when you are ready! My contact information is below! Audrey Rozier, REALTOR® Professional Keller Williams Flagship of Maryland [e-mail] AudreyRozier.com

[@tiwannaharris6002]

What if you just singed a lease? Would you still be eligible with a 9/1 move-in date?

[@AudreyRozier]

I would suggest you wait. Your pre-approval is only good for a period of 30 days before you will have to resubmit documentation.

[@cathy5501]

Hello...is this company operating in Florida? What happens if you are unable to qualify for a mortgage? I read something about they will refund your DP less 3%, but are you required to move after 2 years without qualifying for financing?

[@AudreyRozier]

Hi Cathy, Landis will exhaust all options if you’re still wanting to purchase the home. They have in house coaching that assists with getting you where you need to be to purchase. If it gets to the point where it may no longer be an option to purchase, they’ll have a conversation about next steps. And Yes, they operate in Florida!

[@KalanyMightBeADawg123]

does Landis operate in Indiana?

[@bevill72able]

If you meet the requirements, but if your under 50,000, can you still be approved for a low payment, not over 2,000?

[@AudreyRozier]

Their minimum requirement is $35,000 household income. You should still qualify.

[@therealodom3219]

I would like to use my VA home loan which requires no money down. However, there is no where to put that information on the application so I am at a stand still. Any suggestions

[@AudreyRozier]

If you plan to use landis, they require a down payment at the beginning which will ultimately go towards your closing costs vs your down payment when you go to actually purchase the home.

[@UndercoverLover203]

Hi, is this available in Connecticut?

[@AudreyRozier]

Unfortunately not. Landis currently operates in Alabama, Florida, Georgia, Indiana, Kentucky, North Carolina, Maryland, Ohio, South Carolina, Pennsylvania, Tennessee, & West Virginia

[@sonyalal5685]

Thank you I tried to go through american partners and they deny me which I had a 675 middle score and I make over 40k no eviction or Federal conviction and was told I did have long enough credit history Wow It dont tell you any of that when you apply

[@AudreyRozier]

You may be able to reach out o them directly to get a better understanding of why it was declined. They should've given you a reason.

[@doctorhaygood8057]

@@AudreyRozier hello Audrey can you further explain the Linden process for the house and what role Landis plays we're unsure of why you were saying find your own bank?

[@AudreyRozier]

@@doctorhaygood8057 Of course. Landis is not a lender. They purchase the home in their name with cash and allow you to purchase it later. You will have to find your own financing to purchase the home at that time. You will likely do this by applying for financing through a bank or mortgage company. Let me know if you'd like me to elaborate furthur!

[@groneass2006]

What areas are considered Central Maryland? I live in Montgomery County.

[@AudreyRozier]

Great question. I would say Montgomery county is the Washington metro area. Per google, Central Maryland consists of Anne Arundel, Baltimore, Carroll, Harford, and Howard counties, and also Baltimore City.

[@ericatyme9132]

Hello this is great information I'm living in New jersey how can I apply? I'm a family of 3

[@AudreyRozier]

Hi Erica, unfortunately the program doesn’t operate in New Jersey at this time.

[@nydiab81]

@@AudreyRozier 🥺😔 Awe man!! I'm from New Jersey as well.

[@chevelleclayton8772]

What about a module home

[@AudreyRozier]

Landis will only purchase homes where the land and the home are owned by one party. They will then transfer that ownership to themselves when they purchase the home.

[@thecreativedirectionco]

Hey!! If we’re approved - we would love for you to be our realtor!!! We’re in Maryland

[@AudreyRozier]

Great! Congratulations for starting the process! I would love to assist you when you are ready! Here is my contact information! Audrey Rozier, REALTOR® Professional Serving Central Maryland & Baltimore Metro areas Keller Williams Flagship of Maryland [e-mail] linktr.ee/AudreyRozier

[@jomainejohnson4228]

What if you see a home that you are interested in but it’s in need of some renovations

[@AudreyRozier]

Landis doesn’t purchase fixer upper homes. They will purchase move in ready homes that are a bit outdated.

[@yvonnemccaskill891]

Are you in the Detroit Michigan area?

[@AudreyRozier]

I am not in Michigan but I have agent partners all over the country if you would like a connection.

[@leekleek8937]

How long does the process take?

[@AudreyRozier]

It will take a minimum of 4 weeks to go through the program. They recommend beginning the process 2 months prior to your desired move in date

[@t.d.8765]

What if you are already in a rental home with renter's insurance for that home that you later regret getting, but at the same time you're approved for Landis. Is it possible to get out of the situation listed?

[@AudreyRozier]

Hi there, I want to make sure I understand. Did landis already purchase the home and you’re renting from them or are you renting from someone else?

[@t.d.8765]

@@AudreyRozier no I was pre-approved for landis but they wanted me to get back with them once I have steady income coming in because I only have alot of money in my bank account. But before all this I was approved for a rental home by resihomes because they agreed to go by my bank income, but I now regret it because the company and its services are not what they advertised to be

[@AudreyRozier]

@@t.d.8765 okay I see. I'm not super familiar with Resihomes however if they are a lease purchase program, they will have their own stipulations about how you can get out of the contract. I would encourage you to review the contract you signed with them for that termination clause.

[@kipmoore865]

Hey Audrey, great video! I’m a Realtor as well. I was using Homepartners in the Myrtle Beach area but now they have paused purchasing there. I see Landis buys in that area. We were very successful with HP. 60 homes in a year and a half. Not all end up purchasing the home. Does Landis require you purchase the home and if not is there a penalty for not purchasing? This may be a great option in the Myrtle Beach area. Thanks! Kip

[@AudreyRozier]

Thank you! Yes, landis really wants the buyer to purchase their chosen home. There is a penalty of 3% of the purchase price if they don’t

[@jacquelincole1797]

Does Landis work in Birmingham, Alabama?

[@AudreyRozier]

Yes, they do operate in Birmingham. Let me know if you would like me to connect you to one of my agent partners there.

[@tyerrachambers9893]

Is it available in other states?

[@AudreyRozier]

Yes, Landis operates in Alabama, Florida, Georgia, Indiana, Kentucky, North Carolina, Maryland, Ohio, South Carolina, Pennsylvania, Tennessee, and West Virginia.

[@allisonanderson5375]

I am interested.

[@AudreyRozier]

Sounds good. If you’d like, you can schedule a call with me to chat more about the program and your real estate goals. calendly.com/audreyrozier1/letschat

[@QTrades886]

So it’s just a down payment ? Not first & last?

[@AudreyRozier]

Hello, I want to make sure I understand your question. Do you mean what Landis is helping you save for or the required funds up front?

[@jeseniabeltre1369]

I was prequalified. Could I potentially still get denied? Or is a prequal a guaranteed pre approval? We are In Maryland and would love to work with you if possible.

[@AudreyRozier]

Hi Jesenia, after the pre-qualification, Landis will require that you submit documentation. If the documentation isn’t what they are looking for, they can still decline your application. Additionally, I would love to be of assistance! If you’d like to schedule a call, you can do so here: calendly.com/audreyrozier1/letschat I look forward to chatting with you!

[@hollypatrick1050]

did you even check to see what the grant amount for closing is in your area? some states pay closing if you stay for 5 years its forgiven, this is a scam, origination fee 2.5 to 7.5% (7,500 to 21,000 for $300k house) non refundable and your responsible for repairs, instead get a first time home buyer loan, buy a point or half point, you can buy mortgage insurance if you dont have enough downpayment, get the tax write off, rent out a room in the house if you have to, buy with a partner. dont fall for this you dont need credit counseling you need to pay everything on your credit report period, thats your counseling

[@AudreyRozier]

@@hollypatrick1050 That's your opinion. But that doesn't always work for everyone. There are folks with very different situations so please don't come in my comments saying this video is a scam and sharing incorrect information. Thanks.

[@Nakiyo11]

What is usually the down payment percentage?

[@AudreyRozier]

Great question, 2% is the usual amount.

[@Nakiyo11]

@@AudreyRozier Okay great. Thanks for the response. I'm excited to get started with the program.

[@a1esthetics938]

So what is the purpose of doing this if you still must get a loan from a bank ? You acquire a loan after living in the home , or You get a loan in the beginning ? I’m so confused .

[@AudreyRozier]

Hello! The purpose is to secure your home while giving you an option to purchase it. You are able to obtain assistance/coaching in saving up for your down payment and getting ready to buy. If you’re going to rent, at least it will be going towards your goal of home ownership!

[@neverreact794]

What do you mean purchase the house in 1-2 years??

[@AudreyRozier]

Landis requires that you go through the process of funding your home. You have to qualify to purchase it through a lender within 1-2 years.

[@raevennichole1754]

So I would still have to find a bank or a lender to buy the house back from you all ? I buy the house back from you all and now I want to use as investment property ...is that possible?

[@raevennichole1754]

or would that now be a question for the bank or lender ?

[@AudreyRozier]

That depends on the type of loan you utilize once you purchase the home later. Yes, you would need to find your own lender once you’re ready and some financing programs require that you live in the home for a certain amount of time prior to renting it out. Your lender would have more information about your specific loan type!

[@nekilyablackmon1116]

How is Landis different from DIVVY?

[@AudreyRozier]

I’m not familiar with divvy so I can’t answer that question. We don’t have that program here in Maryland.

[@yashursuntheamericanindian]

I live in NC, in the onslow county area. Do you work for us in the eastern coast

[@AudreyRozier]

I do not work for Landis. I am a real estate agent in Maryland. Landis operates in Alabama, Florida, Georgia, Indiana, Kentucky, North Carolina, Maryland, Ohio, South Carolina, Pennsylvania, Tennessee, and West Virginia.

[@yashursuntheamericanindian]

@@AudreyRozier do they work as far as the coast of North Carolina. You only mentioned Charlotte and that is 5 hours from me

[@AudreyRozier]

That can be verified via their online map tool. ally.landis.com/where-we-operate

[@boscoarredondo3437]

So when your lease is expired, which is your 12 or 24 months loan by Landis. The buyer would need to find a lender such as a bank right to buy it from Landis . Is that what you meant?

[@AudreyRozier]

Yes, except landis doesn’t acquire a loan. They purchase the homes using cash. The buyer would need to acquire their own financing.

[@AudreyRozier]

Yes, except landis doesn’t acquire a loan. They purchase the homes using cash. The buyer would need to acquire their own financing.

[@kasindaransom8876]

Good morning! Do you have any contacts that service the NC area?

[@AudreyRozier]

Hi Kasinda, yes I do! Which part of NC are you looking in?

[@kasindaransom8876]

@@AudreyRozier huntersville, lake Norman, statesville,

[@AudreyRozier]

@@kasindaransom8876 Yes I have a partner there! Have you already gone through the application process?

[@kasindaransom8876]

@@AudreyRozier Hello! Not yet, I wanted to check first before we move forward

[@AudreyRozier]

Hi Kasinda, my apologies. I created a link where you can get connected to a realtor professional in your area if you are still interested. Here you go! bit.ly/3uWn9JU

[@lsvbuys5559]

im already approved on a home loan but its been soooo hard to find something because of competition :( , can they help . my credit and down payment Is good

[@AudreyRozier]

Hello, I’m not sure they can honestly. From my experience, landis isn’t the most competitive buyer in the market. The cards have to line up. They do a 12 day full inspection and appraisal. The only benefit of using them if you’re already approved is the cash offer however, they still require 30 days to close.

[@sonyamitchellhunter2894]

What other states does Landis assist?

[@AudreyRozier]

Landis operates in Alabama, Florida, Georgia, Indiana, Kentucky, North Carolina, Maryland, Ohio, South Carolina, Pennsylvania, Tennessee, and West Virginia.

[@abelinenoncent8540]

Can an investor use that program

[@AudreyRozier]

Great question. This program is just for owner occupants.

[@OnkayaEmpire]

Can you get a condominium with Landis.

[@AudreyRozier]

Great question, unfortunately landis will only purchase single family homes or townhomes.

[@Zle_blacklightning]

They do VA???

[@AudreyRozier]

You can purchase the home using VA financing, yes.

[@shaunikajones9312]

Has anyone ever gotten denied and why?

[@AudreyRozier]

Yes, people get denied. I have seen folks not get approved because of their income, credit score, background or not being able to prove they make money.

[@up_in-smoke78]

If the house is 275000, in your opinion what will the down payment be??

[@up_in-smoke78]

Also what about the land the house is on do you own that as well if you decided to purchase house?

[@AudreyRozier]

I’m not sure about the down payment. I don’t work for landis and am unfamiliar with how they come up with that number. Also, it depends on where you purchase. If you purchase a home with ground rent where at home in the land is owned separately then I assume you would only own the house. However, I’m not sure that Landis would even purchase a house like that. It’s very situation based.

[@AudreyRozier]

I just confirmed, they will not purchase a home where they don’t on the ground as well

[@tvocalistbishop1552]

Can you get a home built

[@AudreyRozier]

You can purchase a new construction home, yes but you can’t have a home built from the ground up by a different builder. It would need to be just about ready or already built recently. Your pre-approvals are good for a maximum of 30 days before landis requires more documentation.

[@pamelashivers5234]

Interested, can we schedule a time to talk?

[@AudreyRozier]

Certainly! You can schedule a call with me at this link! calendly.com/audreyrozier1/buyercall

[@sheilaalberthalaforest8992]

A much for this house

[@AudreyRozier]

I don’t understand your question.

[@Zle_blacklightning]

So this is legit? I was approved I haven’t sent any income I’m yet because not sure if I can trust them

[@AudreyRozier]

Yes, this company is legitimate. I’ve had several clients go through the program.

[@shellywilliams6604]

No way they want a 680 fico score you can qualified through fha with a 580 fico

[@AudreyRozier]

Yes, I learned that recently. Please see the updated notes in the caption.

[@dougui20]

Basically wouldn't work for NYC

[@AudreyRozier]

That’s correct, currently they only operate in Alabama, Georgia, Indiana, Kentucky, North Carolina, South Carolina, Pennsylvania, Tennessee, & West Virginia.

[@1968liza]

Well, That wasn't very nice!!!! Audrey answered the phone and as soon as i said i was not from Maryland and ask her if she was able to help with me from a different state . She hung up on me and hasn't even tried to call back if there was a bad connection.. I will be sure to tell other's. That's not professional !!!!!! My family and I wish you well and are always sending health and happiness to you and your Family. GB Moving forward.....

[@AudreyRozier]

Ma’am, I am in Cancun. It is my birthday week and I am trying to celebrate with my family. Any person you ask will tell you that I answer the phone and talk to everyone that asks me questions whether they are in Maryland or not. I also sent you a text immediately afterward and said “im sorry I am in Cancun with limited reception and will give you a call back once I get to my hotel.” I also have a referral program where I refer clients to agents in other states and would’ve been happy to explain that to you. It has taken me several hours to get back to my hotel where I’m able to make calls with the wifi. So do not try to diminish my character. I wish you and your family all the best.

[@karenenglish587]

@@AudreyRozier hi, I'm a realtor in NC and would like to connect with you

[@AudreyRozier]

Hi@@karenenglish587 , sure thing. Here is my contact information: Audrey Rozier, REALTOR® Professional Serving Central Maryland & Baltimore Metro areas Keller Williams Flagship of Maryland [e-mail] I look forward to connecting with you

[@peepngame164]

Is this Landis program available in Ohio?? If so can you please give me the name and contact info?? 🙏🏼

[@AudreyRozier]

Hello, I don’t have the Ohio contact but yes they do operate in Ohio.

[@shonnieShon]

Hi, how do it work with someone married fair credit and disability but husband have reg income but not good credit

[@AudreyRozier]

Hello, all parties that would be living in the household generally have to meet the credit minimum requirements. They look at the total household income vs individuals. That minimum is $30,000.

[@shonnieShon]

@@AudreyRozier Sounds like a great program.. Thank you

[@AudreyRozier]

@@shonnieShon You're very welcome!