Making Homeownership a reality for more people even if it’s not the right time to buy, you don’t have to settle. The dream of owning a home can be a reality with Home Partners of America’s Lease with Right to Purchase program.
The Hermes Realty Group of Keller Williams Realty and Home Partners of America may be the perfect option for you. If you are new to the area, don't have a large down payment or have had past credit issues such as a short sale or foreclosure but have good credit but do not qualify to purchase yet, this may be the perfect option.
Control and Flexibility: You have the right to purchase the home at any time during your residency, at the pre-set price. If the home value appreciates above this price each year and you choose to purchase it, you realize a financial benefit. If the value of the home declines, you can choose not to renew your lease and walk away without penalty.
The steps to your new home are simple and approval is a piece of cake.
Step 1: Visit Home Partners.com to apply If you are approved, it is for a maximum rental amount based on your application.
Step 2: Once approved, you work with The Hermes Realty Group to find a home that’s right for you.- Search our website to review available homes. We provide estimated right to purchase prices for the actively listed homes in the MLS that meet our basic criteria in the communities we serve each year,for up to five years*. This pre-set pricing enables you to have all the necessary information up front, helping you to make the best decision for your circumstance.
Step 3: Home Partners purchases the homeYou sign a one-year lease, with no additional obligation to renew.Once that lease is up, you have the right to renew, and can do so each year for up to four additional years.
Step 4: You can purchase the home and make it yoursYou have the right to purchase the home at any time during your residency, at the pre-set price.If the home value appreciates above this price each year, you realize a financial benefit.
For more detail/exceptions, visit www.HomePartners.com.
Our Team has helped a handful of families with this program and we are here to help you start on a path to home ownership today.
Give us a call today at 678-775-2787 or email us at [email protected] for more information.