About Us

What is Phoenix Lease Options Homes (PLOH)? Phoenix Lease Option Homes is a promotional, educational and marketing arm of Arizona Elite Properties, a licensed real estate brokerage in Arizona. PLOH is headed up by Michael Muhammad , a licensed Realtor® and Lease /Purchase Option Specialist of over 20 years.
How does it work? PLOH specializes in helping anyone desiring home ownership, and who also may face the difficulties of traditional financing, with powerful alternatives to meet their objectives of home ownership. We call it our LEAP program, which is an acronym for Lease (&) Equity Accumulation Plan, In essence we can offer a hybrid type of Lease Agreement, which can be “ CONVERTED” into a fully qualified U.S Government Insured Mortgage Payoff Loan. And the simply Amazing part is that any increase in property value that accumulates –during your lease period-is
Credited to YOU, the potential owner! Read that again. So if we find you a 300K home that you want, and it increases in value 3%-5% per year ( EXAMPLE ONLY), and you CONVERT YOUR LEASE THROUGH YOUR PURCHASE OPTION IN YEAR 3, YOU GET $9,000.00-$15,000.00 ADDED TO YOU’RE YOUR OVERALL WEALTH !!
What can it do for me? This could put you in a home of your choice, ( we specialize in New Builds or “Newer” homes) dependent upon qualifications being met, within the next month and a half, average 30- 45 days, Done !
Who is behind this strategy, program and process? This is what is called a Public/Private partnership, which simply means that public officials and private entities have partnered up to solve a very Big problem for good people with home buying “challenges”. Here in Arizona we have various State approved resources as well as the Federal Housing Administration, commonly known as the FHA.
How do I get the nitty-gritty (specific) details and get started? Due to the considerable demand and time considerations, you must first speak with us to determine eligibility, which is surprisingly fairly easy. At that point we can collectively determine our next steps. It is best to have all interested parties in the conversation. You can reach us at: