Home Partner of America's Lease with a Right to Purchase program is dedicated to providing responsible households who cannot currently obtain a mortgage a fair and transparent path to homeownership. Unlike a traditional mortgage, a resident's financial commitment is limited to the initial 12 month term of the lease!
Here is how the Rent to Own program works:
With this exciting program, you are able to choose and move into any home on the market for sale right now and have up to 5 years to purchase the home into your name! There are some requirements to be met, they want 525 minimum credit score, at least $50k in combined income, no felonies or evictions. All they require is 2 months security deposit and 1st months rent to move in. You only need to commit to one year, if you decide to go in a different direction you can give 60 day notice just as you would in a traditional rental and get your deposit back!
This is a great opportunity for anyone that does not currently have the credit to purchase, short sale / foreclosure in your past, can't find that perfect rental or just not sure where you would like to live.
The first step would be to apply for the program, once you are approved we can start looking at any house on the market!
If you would like more information, fill out the contact form below and one of our agents will be in touch shortly. You can also email or text / call directly to the info below.
As the premier real estate agents in Plymouth, we’re here to provide you with all the resources and information you need to buy or sell real estate. We work with buyers and sellers in Plymouth, Maple Grove, Minnetonka, Hennepin County, Eden Prairie and the surrounding areas and have had extensive training in the latest real estate marketing strategies. We’re confident that we can offer you knowledge and tools most other agents can’t.
Contact us so we can keep you updated on the latest real estate activities in our community and answer any questions you may have.
Thanks and we look forward to assisting in all of your real estate needs!
Lease with option to purchase. Click hereTo look at all the prop
"Thank you Chrissy Fallon
Thank you to Chrissy for the wonderful help and answering all my questions. Taking a stressful situation and helping ease the concerns. Wonderful experience. Thank you, as I enjoy coffee in my new home!"