First Fidelity Homes is a company with a simple but powerful business model.  A program that is unique, simple and effective.

We buy foreclosed homes in bulk direct from banks and government agencies at low cost.  We pass the savings onto occupant-buyers/homeowner who purchase these homes from us under a Contract for Deed* agreement typically at 10% interest over a 15-yr term.  

The occupant-buyers’ monthly payments are structured so that it is cheaper to own our home than it is to rent in the area, our motto — “Cheaper to Own than to  Rent”. This strategy provides for a stable occupant and a dependable stream of cash flow. Furthermore, occupant-buyer assume the cost of property taxes, insurance, maintenance, repairs and utilities. 

These properties are then made available to Investors as a worry free real estate investment with No land lording and No maintenance.  Investors receive the deed with full title to the property along with the contract for deed agreement. Best of all, properties are priced to yield a targeted rate of return of 16%. 

Title will transfer to the occupant-buyer only when the contract for deed agreement is paid in full, such as when the occupant-buyer refinances or sells the house or makes the required 15 years of payments.

If the occupant-buyer sell or refinances the home, the investor gets paid the contract for deed balance due at that time which can yield the investor returns upwards of 40% or greater.