You may qualify for the Lease with a Right to Purchase program through Home Partners of America. This program is intended to provide qualified individuals who are not ready to buy today with a clear path to homeownership in the near future.
Making Homeownership a Reality for More People. With the help of the Russ Pence Team at RE/MAX Alliance DTC, you can find a home in a community where you want to live and lease the property for up to 5 years. You have the option of purchasing the home at any time during your residency. You have the right to purchase the home or the option of walking away without penalty at the end of your lease, and you are only obligated to a 1 YEAR LEASE term at a time, with a right to renew your lease for up to 5 years.
It’s a great option if you:
Annual household income of at least $50,000, stable employment, no recent history of eviction, no pending bankruptcy, do disqualifying criminal history.
Single-family home or fee-simple townhome, list price between $100,000 and $500,000, no condo associations, commercial or multi-family properties, HOAs allowable on a case by case basis. More Info
Every household must provide- full application from everyone 18+ years old, application fee ($75 total per household), supporting documents, income verification, and asset verification (equal to 2 months of rent). Apply for Approval
Your can search for qualified homes on the HPA “Find a Home” page using the link below. Search by Metro Area, City, High School, ZIP, County, Address, or MLS #. You can also narrow your search by- home type, price, bedrooms, bathrooms, and more. Find a Home
Q.1) What is the Lease with a Right to Purchase Program? A.1) Our Lease with a Right to Purchase Program (the “RTP Program”) allows you to find a home that you want to rent from us initially, but who may also like to buy at any time within the next three to five years. More FAQs
Here's an video overview of how the Home Partners' Lease with a Right to Purchase Program process works, from prequalification to application to approval to home close. How it Works Video
Contact us to learn more about this program that allows you to select a home that is for sale, rent it, and have the right to purchase that home for a pre-set price.
Please fill out the adjacent form to request a your own personalized program consultation.