Program Summary
US Prime Partners provides responsible households a transparent path to homeownership through its Lease with a Right to Purchase Program. The program provides three to five years* of rent certainty with an initial financial commitment of just one year.
*In Texas, the maximum total lease term is 3 years.
How It Works
Prospective Household (you aka buyer) applies for approval.
Household finds a qualified home.
US Prime buys the qualified home, household leases from US Prime
Household has the right to purchase the home.
Advantages
| Standard Residential Lease | Home Partners Lease with a Right to Purchase | |
|---|---|---|
| Sign A Lease | 3 Year Lease | |
| Financial Commitment Limited to 1 Year | Yes | |
| Security Deposit Required | Yes | |
| Rental Rate Certainty | Typically 1-2 Years | 3 Years in TX |
| Right to Purchase | Yes | |
| Mutual Responsibility to Maintain Home | Yes | |
| Right to Purchase the Home at a Predetermined Price | Yes | |
| Pick from Many* Homes Available | Yes |
*Based on qualifying factors