Home Partners of America Offers Flexible Solution to Homeownership
Like many real estate pros, Adrian Riehle got into real estate because he loves helping people. A broker with Best Choice Realty Washington in the greater Seattle area, Riehle thrives on building relationships with his clients.
“The process of home-buying is super exciting, but I also know it can be stressful at times. Being with people and helping them find the perfect fit is not only a challenge, but also exhilarating,” says Riehle, who received his real estate license in 2017. “All of us are unique, so each client I help is a new experience.”
One way Riehle helps his clients is by working with Home Partners of America, a unique homeownership solution that offers potential buyers who need time to secure their financial future the option to rent the home of their dreams, with the exclusive right to purchase the home if and when they’re ready, using the company’s Lease Purchase Program.
Through this program, Home Partners of America purchases the home a potential buyer is interested in and then allows that potential buyer to lease the home, while also providing them with a right to purchase the home back from Home Partners of America during the initial term of the lease and any renewal terms (residents are permitted to renew the lease for up to four one-year renewal terms—two rental terms in Texas). This way, the renter has a bit more time to build their financial portfolio, all while making sure the home is the right fit in the meantime. It’s also a helpful option for those relocating for work, notes Riehle, who says that many of his clients want to test an area out before they buy.
“I chose to work with Home Partners of America because of all the options it opens up for people, especially families that haven’t quite figured out the best path for them but know purchasing a home is in their future,” says Riehle. “Home Partners of America gives the option of choosing a home that’s for sale and living in it without the commitment of purchasing. It gives people peace of mind, as they can get a clear idea as to which option is best for them in the process.”
This option is particularly helpful in difficult markets. “The [Seattle] market has cooled down slightly, but sellers are still receiving multiple offers, and are choosy about which buyer to work with,” explains Riehle. “In my experience, sellers like working with Home Partners of America as an ‘all-cash’ buyer,” adds Riehle. “In a hot market or a multiple-offer situation, this can sometimes be a competitive advantage over buyers with financing contingencies.
“I pride myself in taking care of my clients,” says Riehle, who has closed 32 transactions since he began working with Home Partners of America in early 2018. “Home Partners of America offers people choices they would never have on the rental market and the ability to work with a dedicated agent to help find a property that suits their needs, all while being backed by the strength of a nationwide company,” concludes Riehle, who has received positive feedback from everyone he supported with Home Partners of America transactions.
For more information, please visit www.homepartners.com.
The Lease Purchase Program (“Program”) is offered and administered by Home Partners of America, Inc. Resident and property must meet eligibility requirements, which are subject to change. Resident must qualify for a mortgage from a third-party lender or pay the purchase price in cash to exercise the right to purchase a home. Home Partners does not provide financing for the resident to purchase a home. Home Partners’ approval for the resident to lease a home does not mean that the resident will later qualify for a mortgage. Home Partners, 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.
Zoe Eisenberg is RISMedia’s senior content editor. Email her your real estate news ideas at firstname.lastname@example.org.