WELCOME TO A NEW PATH TO HOMEOWNERSHIP

Are you close to being able to buy a home but just aren’t quite ready?

Are you new to the Dallas/Fort Worth area and aren’t sure where you want to live?

Would you like to test drive a home before you Purchase it in a couple years?

Home Partners’ Lease with a Right to Purchase Program may be right for you.

 

HOW THE PROGRAM WORKS

 
    Apply for Approval                   
                                  

                    Prospective residents start the process by filling out a Pre-Qualification Application that checks key issues.*

                   *Anyone who is 18 years or older and will reside in the home must complete both the Pre-Qualification and the Full Application.

                    If the Pre-Qualification Application is approved, the applicant will be required to submit a Full Application for a full credit and background check.

                    If a Full Application is approved, Home Partners will outline the maximum Monthly Rent of the home for which the prospective resident qualifies.                      (Click here for The Math)

 

 

  Find a Qualified Home         

                   Prospective residents will work with a REALTOR® to find a home in an approved community. (See Communities)

                   Once a home is identified and approved by Home Partners, Home Partners will attempt to purchase the home- the outcome of which will depend                     on certain conditions being met such as agreeing on a purchase price with the seller, a satisfactory inspection, attorney review of the purchase                           contract, and other closing conditions being satisfied.

                   To see if a home not listed on the website is approved, please visit our address checker at addresscheck.homepartners.com.

 

 

  Home Partners buys the qualified home, then household leases the home

                   Prospective residents will be required to sign a one year Lease for the home as well as Right to Purchase Agreement.                                                                         (Lease, Deposit Details and Escrow)

 

 

  Household has the right to purchase the home

                   We buy the home.  You lease it and have the right to buy it later if you want to.                                                                                                                                             (Lease, Right to Purchase Agreement, Maintenance Adjustment Included in Purchase Price)

 

 

 

Information on Home Partners' website is not guaranteed, is provided exclusively for user's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which users may be interested. Home Partners is not a mortgage company, does not have any obligation to provide and does not provide financing and cannot guarantee or in any way assure that a resident will be able to obtain a mortgage if and when he/she wishes to exercise the Right to Purchase. ©2014 Home Partners of America, Inc. All rights reserved. Home Partners and 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.