A NEW PATH TO HOMEOWNERSHIP 

 

Are you close to being able to buy a home but aren’t quite ready? Moving to Central Florida 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? We have a Lease with a Right to Purchase Program may be right for you.

HOW THE PROGRAM WORKS

Home Partners provides responsible households with a clear and transparent path to homeownership through its Lease with a Right to Purchase Program. This program provides up to five years of rent certainty with only a one-year financial commitment on the lease.

 

ADVANTAGES

As with a standard lease agreement, you are required to sign a lease for a year and pay a security deposit. Unlike a standard lease agreement, you will have renewal options upfront for the first 5 years of rent with a right to purchase the home at a price established when you enter the Right to Purchase Agreement. You can also select the home that you want to live in from those eligible and available for sale in communities previously designated – enabling you to live in a neighborhood today where you might not otherwise find a suitable home to rent.

To start the process, just click here and register. We will get back to you on the same day and will get you started!It is simple and convenient from the comfort of your home or office! 

APPLYING

If you want to own a home but cannot currently qualify for a mortgage, or if you would prefer to rent a home now with the goal of purchasing it within the next five years, then this program may be for you. We don't focus exclusively on your credit score. The full credit profile of your entire household is taken into account when they review your application to the Home Partners program.

KEY CONSIDERATIONS

We will guide you in finding the right home in the right community with the right program. Once you are approved for the lease with an option to purchase, upfront you will have the price at which you may purchase the home during the term of the lease without any obligation if the home appraised at a lower value. If you do not purchase the home, we may rent it or sell to others when your lease ends. You are under no obligation to buy.

LEASE AGREEMENT

Your initial lease is for one year, so your financial commitment is limited to one year. Your lease is renewable every year for five year periods, and you have the right to notify if you don’t want to renew the lease. Your full security deposit will be returned as provided in the lease if you decide to leave the home at the end of a lease period and have been in full compliance with the lease.

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