(804) 997-1913
LEASE WITH RIGHT TO PURCHASE
Step 1
Apply for the Lease with Right to Purchase Program. If the Pre-Qualification Application is approved, you will be required to submit a Full Application for a full credit and background check.
Step 2
Work with a Tina Carter, REALTOR® to find a home in an approved community that fit your budget and meets the home search criteria.
Step 3
Home Partners will purchase the qualified home, you sign a 1-year lease for the home as well as the Right to Purchase Agreement.
Step 4
You have the option to...
* Purchase the home at any time during your occupancy for a pre-agreed price,
or
Renew your lease in 1-year increments, up to 5 years,
or
Move out after your lease term with no further obligation. Security Deposit is returned in accordance with lease terms.
* Resident must qualify for a mortgage from a third party lender or pay the purchase price in cash to exercise the Right to Purchase a home. Home Partners is not a mortgage company, does not provide financing for a resident to purchase a home, and cannot guarantee that a resident will be able to obtain a mortgage loan.