Contact Me to Submit a Property
- I’ll submit the property to the Investor's underwriting team using an online form
- I’ll send supporting documents to docs@homepartners.com:
−MLS Listing Sheet
−Seller Disclosures
−Comparable Market Analysis
−Photographs
−Resident Renovation Checklist homepartners.com/renovationchecklist.pdf
- The investors will value the property within 4-6 business hours of receiving all required information
The Right To Purchase
- Once you are approved and we find a home...We submit it to the investor, and they analyze the value of the home
- If approved, they send us an email outlining the Total Cost Basis and what we will offer
- They also outline the rent and purchase prices for each lease term
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The Right To Purchase
- The investor provides a schedule of rent and purchase prices for each lease term:
- You will agree to pricing before the investor makes an offer.
- The rent increases by 3.75% per year.
- The purchase price increases by 5% per year.
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Contract to Closing
- Once you, the applicant agrees...The investor generates and signs a contract and returns it with proof of funds
- I’ll make an offer on the home as the buyer’s agent for the Investor
- The Investor is a cash buyer, and they bid competitively at fair market value
- Once we are under contract...You, the resident, signs a one-year Lease and the Right to Purchase Agreement
- You, the resident, provides a two-month deposit
- The Investor schedules and pays for a home inspection
- As a cash buyer, the Investor is able to close quickly (within 30 days)
- Once the Investor buys the home...You, the resident, needs to provide the first month’s (pro-rated) rent within 72 hours
- The Investor makes any Make Ready repairs or requested renovations
- The resident may exercise the Right to Purchase at any time during their residency for the appropriate predetermined price with 60 days notice
