Lease With Option To Buy Home Of Your Choice!
HOW IT WORKS: THE PROGRAM IS VERY SIMPLE. FIRST, YOU APPLY FOR APPROVAL. UPON APPROVAL, YOU WILL WORK WITH ME TO FIND A HOME OF YOUR CHOICE. WHEN WE FIND THE HOME OF YOUR CHOICE (SEE PROPERTY ELIGIBILITY REQUIREMENTS BELOW), OUR PARTNER WILL BUY THE HOME FOR YOU TO RENT WITH AN OPTION TO BUY. YOUR ONLY OBLIGATION IS A 12 MONTH LEASE, BUT YOU CAN CONTINUE TO RENT THE HOME UP TO 5 YEARS AND YOU CAN BUY THE HOME AT ANY TIME DURING YOUR RESIDENCY AT A PREDETERMINED PRICE. HOWEVER, THERE IS ABSOLUTELY NO REQUIREMENT TO BUY, NOR PENALTY OR FEE OF ANY KIND TO BUY OR NOT BUY THE HOME. WE ENCOURAGE YOU TO REACH OUT TO US TO LEARN MORE.
Are you close to being able to buy a home but aren’t quite ready? Did you just move to Colorado and aren’t sure where you want to live? Do you need to rent right now but really want to buy a home in a couple years? Home
Partners’ Lease with a Right to Purchase Program may be right for you.
Home Partners of America is committed to making homeownership a reality for more people. The program provides a clear path to homeownership. Our process is easy, transparent, and built on a foundation of choice and flexibility. Home Partners is helping more people get into great homes, in neighborhoods they love, with the opportunity to build a more secure financial future.
Many people want the benefits of living in a single family home. However, whether they’re a first-time homebuyer who’s cautious about making such a large financial investment, someone who has recently relocated and is unsure of which neighborhood to live in, or someone who is creditworthy, but cannot currently obtain a mortgage, they hope to one day buy a home, but aren’t ready now.
Home Partners Solution
Home Partners provides the opportunity for people to move into a great home and community today that otherwise may not be available in the rental market.
How It Works
Qualified prospective residents work with licensed real estate agents of their choosing to select the right home for them. They can choose from a wide variety of properties in communities that Home Partners serves that fit their budget and meet Home Partners’ investment criteria.
Basic Requirements to Qualify:
• Annual household income of $50,000 with Credit Score of 550+
• Stable employment
• No history of eviction or other landlord issues
• No pending bankruptcy
• No disqualifying criminal history (No Felonies)
-Stephanie S 11/17/16