If you can't quite qualify for a mortgage to purchase a home, we now have a perfect option for you. You may lease a home with an OPTION to purchase! We help you take a giant step in the ownership of your selected "For Sale" home through HPA's Rent with Option to Purchase Program! You may purchase your leased home any time up to 5 years or simply just continue to lease. Here's how it works: SELECT A "FOR SALE" HOME; WE PURCHASE IT, & LEASE IT TO YOU! THAT SIMPLE!!
We have extensive background in representing buyers. Our experience extends far beyond just being a Realtor. We have decades of construction experience and real estate property estimating experience. We know the value of real estate. Don't rely on listing agents opinion of value. We work for you sorting out real value that your lender will accept.
Under certain conditions we are able to place you into our Lease with Right to Purchase in to a brand new newly construction home. Many builders have "ready to occupy" homes they constructed and offer for sale. The home must be 100% complete in a sub-division that is over 50% complete and in an approved Home Partners of America area.
Our Lease with Right to Purchase Program.
Updated information since video was published:
We have the experience and the system to best benefit your real estate needs. The Terry's have decades of experience in the Florida Real Estate Market working with buyers and tenants. We love to make home renting and buying dreams come true.
Len and Donna Terry
Rent 2 Own Orlando (Serving the Greater Orlando and Tampa Markets)
Is your time limited? Want the bottom line of this program, and find out whose who?
Are our monthly rental prices a bit higher than "rental home" prices? Yes, of course; you are renting a "for sale" home not a rental property that has been rented repeatedly with little attention to maintenance. As you know, the less investors spend on their investment homes, the more profit they make. That is why most "rental" homes are in less than optimal condition to put it politely. The homes we offer in our program must meet the requirements and scrutiny of home purchasers, so naturally they will be in pristine condition.
We work with people like you who are seeking a fair Rental or Rent to Own program. Home Partners of America's Lease with a Right to Purchase Program allows a prospect to find a home that they would like to rent from us initially, but may also like to buy within the next five years. We believe that there are many households who may be thinking about buying a home, but for whatever reason would like to rent at the current time. You can lease the home for up to five one-year terms, depending on the state, and you may purchase the home from us at any time at a predetermined price. The specific name of our program is "Lease with a Right to Own" but the tenant is not committed to purchasing the home, that's the beauty of our program. People who choose this program, select a home of their dreams, not from rental lists but from multiple listing homes that are "for sale." The home is purchased for them by our investors and Leased with a right to purchase to the applicant. Later, when the tenant/future purchaser is ready to purchase, they close on their home at the predetermined price that was set before they moved into their home as a tenant. You'll love this program!
Leonard Terry, Florida Licensed Real Estate Broker (BK 3000273) has successfully passed Home Partners of America's Certification course and is therefore very knowledgable on Home Partners of America's Lease with a Right to Purchase program. Since he lives in a home in the HPA program, he has personal insight into the interworkings of the program as a customer.
Leonard (Len) has been Florida licensed real estate professionals in Central Florida for over 3 decades working with buyers, sellers, renters, landlords, developers and construction companies.
As stated above, the Terry's live in a Home Partners of America home and are in the program themselves. They feel that actions speaks louder than words and that there is no better way to understand a program then to "live it." They know the workings of the program from a consumer standpoint as well as an independent agent for the company.
We are NOT motivated for you to select a particular property. As you now know, we get paid a success fee (commission) for finalizing a real estate transaction. This commision is the "seller's portion" of the real estate commission paid by the seller to his listing agency at closing. It does not make a difference to us which property you choose. Our client is HPA and their client is you. By looking after HPA's interests, we are simultaneously looking out for your best interest. But again, neighter one of you pay us for our services to you; we only get paid by the seller's broker as a share of the sellers real estate commission for selling his home.