Lease with Right to Purchase

First-time homebuyers who are cautious about buying a home now, but want to be able to purchase a home in the future.
Potential homeowners who recently relocated and are unsure which neighborhood to live in.
People who want to rent but nervous of having the home sold from under them.
Those with no credit or possibly not as good of credit as they would like.
Potential homeowners who cannot obtain a mortgage, but who want to live in a community with great schools.

Transparency: Upon entering this program, prospective residents are given the monthly lease and purchase price information each year for up to five years*, so they can plan for the future.
Choices: Home Partners provides access to the MLS listings in the communities we serve, expanding prospective residents’ selection to all qualifying homes for sale.
Value: Home Partners uses our skill to purchase the home the prospective residents want, providing them with an affordable lease and a pre-set purchase price each year for up to five years*. Also, there are no hidden fees or non-refundable deposits.
Control and Flexibility: Prospective residents have the right to purchase the home at any time during their residency, at the pre-set price. If the home value appreciates above this price each year, they realize a financial benefit. If the value of the home declines, they can choose not to renew their lease and walk away without penalty.

Apply & Get Approved

Prospective residents start the process by filling out a Pre-Qualification Application that checks key issues.

Prospective residents will work with REALTOR to find a home in an approved community.

Prospective residents will be required to sign a one year Lease for the home as well as a Right to Purchase Agreement.

We buy the home. You lease it and have the right to buy it later if you want to.

Here are some FAQ’s from Home Partners of America that explains a bit more about the program.

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