With the constant inflation in renting prices, coupled with the difficulty for many young home buyers to put the 3% down payment for a mortgage, prospective buyers are looking for new ways to attain a home. Home Partners of America is offering an exciting innovative new method of renting-to-own.
Home Partners of America is working with prospective home buyers looking to purchase a home, but simply cannot financially afford the cost up front. Luckily renting-to-own will allow you to rent out the home and will give you the opportunity to eventually buy it from your landlord at a later date when you can actually afford to pay off the homes purchase price.
A major upside to Home Partners of America is that a prospective buyer can choose from a large pool of houses that they wish to live in, and can then be placed in those homes based on a rent-to-own lease agreement that will lock in the purchase price. It will also even take a certain portion of your monthly lease payment and credit it towards the purchase price of the home should you decide to eventually purchase and keep the home.
