Lease with Right to Purchase
About the Program:
Home Partner's Lease with a Right to Purchase Program allows you to find a home that you want to rent initially but may also like to buy in the next three to five years. There are many households who may be thinking about buying a home but for whatever reason would like to rent at the current time. You can lease the home for three to five one-year terms, depending on the state, and you may purchase the home at any time for a predetermined price.
1. Apply and Get Approved
Prospective residents start the process by filling out a Pre-Qualification Application that checks key issues.
2. Find A Home
Prospective residents will work with a REALTOR® to find a home in an approved community.
3. Home Partners Buys the Home, You Lease from Home Partners
Prospective residents will be required to sign a one year Lease for the home as well as a Right to Purchase Agreement.
4. Buy from Home Partners
Home Partners buys the home. You lease it and have the right to buy it later if you want to.
Give us a call today for more details and to see if the program works for you! The MK Real Estate Team 425.463.8888
The Lease with Right to Purchase Program (“Program”) is offered and administered by Home Partners. Resident and property must meet eligibility requirements, which are subject to change. Please see information about terms and conditions of Program at HomePartners.com. Resident must qualify for a mortgage from a third party lender to exercise the right to purchase a home. Home Partners does not provide financing for resident to purchase a home. Home Partner’s approval for resident to lease home does not mean that resident will later qualify for a mortgage. Home Partners is not affiliated with any real estate professional (e.g., a real estate broker or sales agent). Real estate professionals and Home Partners are not authorized to act on behalf of the other, and neither is responsible for the conduct of the other, with respect to residents in the Program. No real estate professional represents or warrants any terms, conditions or benefits of the Program. ©2014 Home Partners of America, Inc. All rights reserved. Home Partners, the Home Partners of America, Inc. logo and “A New Path to Homeownership” are pending or registered trademarks and service marks of Home Partners of America, Inc. or its affiliates
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