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WELCOME TO A NEW PATH TO HOMEOWNERSHIP

Are you close to being able to buy a home but aren’t quite ready? Did you just move to Metro Atlanta 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? The Lease with a Right to Purchase Program may be right for you.

HOW THE PROGRAM WORKS

PROGRAM SUMMARY

The hedge fund provides responsible households with a clear and transparent path to homeownership through its Lease with a Right to Purchase Program. This program provides five years of rent certainty with only a one-year financial commitment on the lease.

APPLYING

If you want to own a home but cannot currently qualify for a mortgage, or if you would prefer to rent a home now with the goal of purchasing it in the next three to five years, then this program may be for you. The hedge fund doesn’t focus exclusively on your credit score. The full credit profile of your entire household is taken into account when they review your application to the The hedge fund program.

ADVANTAGES

As with a standard lease agreement, the hedge fund requires you to sign a lease for a year and make a security deposit. Unlike a standard lease agreement, you will have renewal options providing five years of rent certainty and the right to purchase the home at a price established when you enter the Right to Purchase Agreement, in accordance with the terms of the Agreement. You can also select the home that you want to live in from those eligible and available for sale in communities The hedge fund serves – enabling you to live in a neighborhood today where you might not otherwise find a suitable home to rent.

KEY CONSIDERATIONS

We will guide you in finding the right home in the right community. Once you approve the purchase price in your Right to Purchase Agreement, that is the price at which you may purchase the home during the term of the lease, in accordance with the terms of the Agreement, whether the home is later appraised at a higher or lower value. If you do not purchase the home as provided in the Agreement, The hedge fund may rent or sell the home to others when your lease ends.

LEASE AGREEMENT

Your initial lease is for one year, so your financial commitment is limited to one year. Your lease is renewable every year for five, one-year periods, and you have the right to notify the hedge fund 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.

RIGHT TO PURCHASE AGREEMENT

Your Right to Purchase Agreement gives you the right to purchase the home you selected from the hedge fund 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 the hedge fund.

©2014 Home Partners of America, Inc. All rights reserved. Home Partners and the Home Partners of America, Inc. logo and “A New Path to Homeownership” are pending or registered trademarks and service marks of home Partners of America, Inc. or its affiliates.

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TO RECIEVE MORE INFORMATION, PLEASE COMPLETE THE FORM BELOW.