Home Partners of America – Lease with a Right to Purchase
WELCOME TO A NEW PATH TO HOMEOWNERSHIP
Are you close to being able to buy a home but aren’t quite ready? Did you just move to Dallas/Fort Worth 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 of years? Home Partners’ Lease with a Right to Purchase Program may be right for you.
HOW THE HOME PARTNERS PROGRAM WORKS
The program is very simple: you apply on Home Partners of America’s website, and if you’re approved, we help you find the home you want in Home Partners’ Program. Home Partners buys the home and rents it to you, and you have one to three years of rent certainty with only a one-year financial commitment on the lease.
And most importantly, you can buy the home that you selected from Home Partners at a price established when you enter the Right to Purchase Agreement, in accordance with the terms of the Agreement.
This is an exciting opportunity, and we urge you to apply to the Lease with a Right to Purchase Program if you think it sounds like a good match for you. You can find more information on their website.
Apply for approval Apply for Approval
*Anyone who is 18 years or older and will reside in the home must complete both the Pre-Qualification and the Full Application.
If the Pre-Qualification Application is approved, the applicant will be required to submit a Full Application for a full credit and background check.
If a Full Application is approved, Home Partners will outline the maximum Monthly Rent of the home for which the prospective resident qualifies. (Click here for The Math )
Find a qualified home Find a Home
Prospective residents will work with a REALTOR® to find a home in an approved community. (See Communities)
Once a home is identified and approved by Home Partners, Home Partners will attempt to purchase the home- the outcome of which will depend on certain conditions being met such as agreeing on a purchase price with the seller, a satisfactory inspection, attorney review of the purchase contract, and other closing conditions being satisfied.
To see if a list of reasons that homes may be disqualified from our program, please visit our List of Automatic Property Disqualifiers HERE.
To see if a home not listed on the website is in an approved community, please visit our address checker at:addresscheck.homepartners.com.
Home Partners buys the qualified home, household leases the home