Frequently Asked Questions


How can renters benefit from the Lease with Option to Purchase (LOP) program?

Most of our customers were renters who initially did not think owning a home was possible for them. The LOP is a program that empowers renters who do not have the ability to get approved for a traditional mortgage or do not desire to have a traditional mortgage. The program provides the opportunity to build equity in a home without the need for a loan and we offer this program regardless of an individual's credit profile. Over the last 4 years, our unique LOP program has helped thousands of families across America realize that home ownership is an option available to them and is possible. Most of these families were not considering home ownership before they discovered our program. Watch this short video to find out more about this program.

What is the Lease to Own (LOP) Program and how does it work?

The way the Lease to Own Program works is described in this short video. It is an innovative program designed for individuals and families that may not currently qualify for conventional property purchases due to various employment, health, divorce or other financial reasons.

Who is Vision Property Management (VPM) and how can they help me and my family?

Watch this short video to see how VPM can help you and your family. VPM is a family owned national real estate investment management firm, and the country’s largest provider of affordable Lease-to-Own property opportunities.

How can I be assured that VPM is a legitimate entity, and that I am not going be subjected to any potentially fraudulent activities?

Vision Property Management is a family owned and operated business that was established in 2004. We have been active in this same line of business since our inception, and we take great pride in creating an available inventory of affordable homes for individuals and families negatively impacted by various employment, health, divorce or other financial reasons. We strive to fully disclose and document all requirements and obligations to contract holders, and communicate them in a clear and easy to understand format to avoid any possible confusion. Should a customer be dissatisfied for any reason within the first thirty (30) days of the receipt of contract funds. VPM will issue a full refund of funds received. To date, we have successfully provided nearly 10,000 individuals and families with the opportunity of potential future home ownership. Individual testimonials are available in the Our Story page of our site.

I found a property, and I am interested in moving ahead with LOP discussions. What are my next steps?

We have built a self-service, online experience (available 24x7x365) for our prospective LOP customers that is designed to streamline and reduce the time it takes to apply and become approved. The first thing that you will need to do is for a new account, and after a brief authentication process you will be able to log-in to unlock our advanced website features.  At that point you will be able to search, select and save the property(s) that you are most interested in.  Access to your selected properties is available from the next steps page.  It is here that we will walk you through some very simple steps that will allow you to electronically retrieve lock codes for you self-guided tour of the home, and if you are ultimately interested in proceeding forward, you will be able to complete an online web application.  Within two (2) business days of submission, one of our team members will reach out for a one on one discussion and work through the final steps towards future home ownership with you.

I found a property that I am interested in purchasing. What are my next steps?

To discuss or place a cash offer on any property in our portfolio, you will need to give us a call or send a message to our Customer Representatives. 

How and when can I reach a live member of your team?

Our normal business hours are Monday thru Friday from 9am to 6pm ET, and Saturday from 10am to 4pm ET. We are available by telephone at (888) 466-7932 during normal business hours.

I have bad/no credit. How does that affect me?

We do not deny based on credit. Only the required upfront money payable as cash consideration towards the future option price is impacted by your current credit and past payment history. Your Plan of Action (POA) for repairing the home actually matters more.

Can I just rent a home from Vision?

No, we do not provide traditional property rentals, which are sometimes referred to as Rent to Own programs. Our goal is to turn renters into future homeowners via our LOP program.

What are my responsibilities as a future LOP contract holder?

Unlike traditional lease agreements, our innovative Lease to Own Program shifts specific responsibilities to the contract holder in return for the potential future opportunity of home ownership.

Contract holder must agree to:

  • Take delivery of the home in “As-Is” condition
  • Assume responsibility for any overdue taxes, liens, utility bills, correcting code violations, completing home repairs and performing routine maintenance.
  • Develop a “plan of action” to bring the premises to level of habitability and compliance for occupancy when requested.
  • Insure his/her own personal contents and possessions against fire, theft and other catastrophes.

Watch this short video. Additional details will be provided by a Team Member upon request either via telephone at (888) 466-7932 or send a message to our Customer Representatives.

What if a home requires significant repairs? When can I move in?

The contract holder, as detailed in their LOP Agreement and in their Plan of Action (POA), is responsible for bringing the home to a level of local code compliance and securing a certificate of occupancy (CO) prior to physically moving in.

Do you have any homes that are move-in ready?

Most of our homes do require some work and repairs, but there is a select percentage that may be ready for immediate occupancy.

Do I qualify for a LOP opportunity?

As long as you bring in at least three (3) times the monthly payment (including operating costs such as taxes and insurance), you will not be denied even if you have little to no credit.

How long does the approval process take once I send in a completed application?

As soon as the application is received, a decision is typically made within two (2) business days.

Does child support count as provable income?

Yes, child support is included as a source of provable income.

Can I apply Section 8 vouchers towards my monthly payments?

At this time we do not accept any vouchers funded by the U.S. Department of Housing and Urban Development.

Can I apply along with a co-signer?

Yes. A separate application will need to be completed and submitted if/when this is necessary.

What type of insurance do I need?

Casualty and general liability insurance on the home will be included in the final monthly rent payment. The contract holder is responsible for insuring his/her own personal contents and possessions against fire, theft and other catastrophes.