Are you close to being able to buy a home but aren’t quite ready? Did you just move to the East Valley 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? Home Partners’ Lease with a Right to Purchase Program may be right for you. Click a link for more information.
Jackie Lind - Realtor®, Certified Home Partners Agent contact me
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.
Prospective residents will work with a REALTOR® to find a home in an approved community. CLICK HERE for our Comprehensive Property Guide.
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 in an approved community, please visit our address checker at: www.homepartners.com/how-it-works/addressCheck
Prospective residents will be required to sign a one year lease for the home as well as the Right to Purchase Agreement (Lease, Deposit details and Escrow). Your lease is renewable every year for four one‐year periods, and you have the right to notify Home Partners 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.
We buy the home. You lease it and have the right to buy it later, should you wish. Right to purchase agreement, maintenance adjustment in purchase price. Your Right to Purchase Agreement gives you the right to purchase the home you selected from Home Partners at a predetermined price for every year of your lease, as long as you have been in compliance with the lease, Agreement and other documents. You are under no obligation to buy the home from Home Partners.