Let Mark Berry of Keller Williams Select Realtors and Home Partners of America expand your home rental options and put you on a new path to homeownership.
If now isn’t the right time to buy a home, but you’d like more attractive options than what’s currently available in the rental market, Home Partners of America’s Lease with a Right to Purchase program could be a great alternative.
This program will allow people to lease a property for up to five years with the right at any point within those five years to purchase the property outright.
The program is ideal for people that for some reason or other are currently unable to buy a home right now but will be able to in the coming years. This allows homebuyers to rent their dream/forever home with the intent of buying it outright once they are ready and able to do so.
However, you only enter into a 12-month lease term and after that you are free to leave the home without buying or renting it further. You do, however, have the right to buy should you wish to do so, for up to five years after commencement of the lease.
The rent and the right to purchase price are pre-determined and set out at the start of the transaction so that you can see what your lease or option to buy prices are in years’ one through five. This way there are no surprises down the road.
Once the application is approved you will be given a monthly rental ceiling at which you can apply and this will tie in exactly with properties currently for sale in your area.
- Let’s you search homes for sale, in great communities with quality schools
- Limits your financial commitment to a one-year lease
- Gives you the option to buy the home at any point during your residency, up to five years
Contact Mark Berry and he will send you an invitation to check out the Home Partners of America site and browse available properties in your area.
Mark.firstname.lastname@example.org – www.kwsrmd.com 443-852-5685
DISCLAIMER: You must meet all of the criteria established from Home Partners of America to participate in this program. Minimum $50,000 household income required, and a combined credit score of 525 or greater (Other qualifying factors do apply). Property is also subject to certain requirements to qualify. My role as your Realtor is to help locate qualifying property and represent Home Partners as their Buyers Agent. There is no fee for my services. All compensation is provided through Home Partners of America. This is not an offer for mortgage lending or financing of any kind. Photos shown are used for example only and are not actual available properties.