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What Renters need to know:


1. The Rental Search - Call Broker Executives, Inc to request the latest rentals available. There are many homes on the market and many places to find them. There are also many lease scams being taken place due to short sales and homes foreclosing. Allowing us to represent you will ensure you are not taken advantage of & guarrantee you are represented in every aspect; including the lease agreement.
2. Timeline - Rentals can move fast in the Metro Phoenix area, so when looking for a home to lease, it should be clear most home owners/management companies will not hold a property longer than a few weeks. This means, when we find you a home, be ready to sign a lease agreement and move in within 3 weeks or less.
3. Credit - Recent foreclosures are usually not an issue. In this day, everyone has a foreclosure. Bankruptcies are not an issue as long as they have been discharged. As long as you have a good letter of explanation (LOE) we can usually contract a home for you. With each client, it is a case-by-case basis.
4. Make an Offer - If you've ever bought a home before you know it's on in your offer. This is where we come in. Our database of information tells us how long a home has been on the market and what the owner's situation is with the home. Based on this, we can advise you as to the best lease offer the owner might consider. Most landlord's are flexible with terms, and seem to be more pursuaded when our tenants are represented by a Real Estate Broker.
5. Tenants Rights - Regardless of how bad your credit is, the landlord can only collect 1 1/2 times the monthly rent as security deposit. This means, if your lease is 2k per month, the owner can only request $3,500 as security. This is not including any applicable move in costs, pet deposits, cleaning deposits or credit check fees. For other important tentant rights, please visit the following page: Arizona Landlord Tenant Act
6. Foreclosure Verification - With all the tenants we represent, we verify the home is not in foreclosure. Visit: landlordforeclosures.com to see how.


Broker Executives, Inc has been assisting tenants for years by either assisting them with finding a rental or with their current property management company. Our Broker's are experts in the field of management and can guide you through the any issues you have with your current management company. We have real estate attorney's at our fingertips for any legal matter you may have. To view the latest Landlord Tenant Act, please click below:

Arizona Landlord Tenant Act


Equity Lease Program

Equity Lease Program™ in detail

Start renting your way into home ownership with our Equity Lease Program™! It’s the fastest track to home ownership while you’re renting. To get started, just find a home to lease through Broker Executives. By using our agents to find your new home, we’ll match up to 25% of your lease payments towards the purchase of your next home! (Restrictions apply) While this is not a lease option or an option to buy a specific property, it is way for each renter to start building equity towards their next home.

Is the Equity Lease Program™ a lease option to buy?

“Renting to own” started as “lease options” to buy a home. The owner of the home would sign an agreement with the renter, binding the owner to sell the home to the tenant at the end of the lease. Today you can still purchase a “lease option to buy” but the down payment required can range from 3%-5% of the purchase price!


Then there is our exclusive Equity Lease Program, where your equity starts when you begin your lease agreement! Once your lease expires and you decide to buy a home, we'll contribute up to 25% of your existing lease payments towards the purchase of your next home!

Q: How much does it costs to participate in the Equity Lease Program?
A: There are no costs to the tenant to enroll in the Equity Lease Program.

Q: If I have damaged credit, would I still qualify into the Equity Lease Program?
A: Yes! Our company offers each client an opportunity to enroll in the program. Even if your credit is damaged, our company can help re-establish your credit, so by the end of your lease you may qualify for a home purchase.

Q: What if I buy a home outside of Arizona following my lease expiration?
A: Our Equity Lease Program is only available in Arizona.

Q: Are there any specific qualifications to enroll the Equity Lease Program?
A : Qualifying into our Equity Lease Program™ is simple! Just request to have one of our agents show you our properties available to lease and we'll take it from there!


We hope you have found our information helpful and we look forward to helping you start renting your way
into home ownership. If you would like more information, please feel free to contact us.

 

 

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Broker Executives, Inc | Office: (602) 456-0407 | 830 N. 1ST AVE STE 215, PHOENIX, AZ 85003

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