Lease with a Right to Purchase Program

Rent to Own Homes Denver CoMany factors go into the decision of whether to rent or buy a home.  For example, the upfront costs of buying a home, including the down payment and closing costs (taxes and fees) can be quite high, so it usually makes more sense to rent if you plan to remain in a home for less than five years.  Other considerations include property insurance, maintenance and repairs.  A homeowner is responsible for these costs while a renter typically does not make any of these payments directly. Nevertheless, the monthly cost of owning a home may be meaningfully lower than the monthly cost of renting. 

 

Lease to Own a Home is as Easy as 1 2 3

1. Fill out the Application

Prospective residents start the process by filling out a Pre-Qualification Application that checks key issues. (Click here to Apply)

If the Pre-Qualification Application is approved, the applicant will be required to submit a Full Application for a full credit and background check.

If a Full Application is approved, Home Partners will outline the maximum Monthly Rent of the home for which the prospective resident qualifies. (Click here for The Math)

2. Find a Home with a Kenna Real Estate Agent

Prospective residents will work with a REALTOR® to find a home in an approved community. (Click here for Communities)

Once a home is identified and approved by Home Partners, Home Partners will attempt to purchase the home- the outcome of which will depend on certain conditions being met such as agreeing on a purchase price with the seller, a satisfactory inspection, attorney review of the purchase contract, and other closing conditions being satisfied.

To see if a home not listed on the website is approved, please visit our address checker at: addresscheck.homepartners.com

More Facts:

The Lease with a Right to Purchase program provides responsible households who cannot obtain a mortgage a clear and transparent path to home ownership. A qualified applicant (œresident) will get approved; select a home for sale with an agent, Hyperion will buy the home in cash, lease it to the resident & provide a right to acquire it anytime during the lease period.
The resident™s financial obligation is limited to 1 year of rent.
Approved residents can:
Elect to rent for up to 5 years 
Move out after each one year lease term without penalty
Purchase the home ANYTIME during tenancy

Colorado Community List

Home Partners of America uses consistent and objective investment criteria- including median home prices and high school rankings- to identify communities that have a high quality of life and long-term opportunities for residents.  The following is a list of Home Partners of America and Kenna Real Estate's approved communities and high schools in Colorado:   (Click here to Apply) 

Adams County
Cherokee Trail HS Horizon HS Standley HS
East HS - Denver Legacy HS  
George Washington HS Pomona HS  
     
Arapahoe County
Arapahoe HS George Washington HS Mountain Vista HS
Chaparral HS Grandview HS Smoky Hill HS
Cherokee Trail HS Heritage HS Thunderridge HS
Cherry Creek HS Highlands Ranch HS  
Eaglecrest HS Littleton HS  
     
Boulder County
Berthoud HS Golden HS Ralston Valley HS
Boulder HS Legacy HS Silver Creek HS
Broomfield HS Longmont HS Standley Lake HS
Centaurus HS Mead HS Thompson Valley HS
Erie HS Monarch HS  
Fairview HS Niwot HS  
     
Broomfield County
Broomfield HS Erie HS Monarch HS
Centaurus HS Legacy HS Standley HS
     
Denver County
Cherry Creek HS George Washington HS Wheat Ridge HS
East HS -Denver Littleton HS  
     
Douglas HS
Arapahoe HS Columbine HS Lewis-Palmer HS
Castle View HS Douglas County HS Mountain Vista HS
Chaparral HS Grandview HS Palmer Ridge HS
Chatfield Senior HS Heritage HS Ponderosa HS
Cherokee Trail HS Highlands Ranch HS Rock Canyon HS
Cherry Creek HS Legend HS Thunderridge HS
     
El Paso County
Air Academy HS Douglas County HS Manitou Springs HS
Castle View HS Falcon HS Palmer HS
Cheyenne Mountain HS Fountain - Fort Carson HS Palmer Ridge HS
Coronado HS Harrison HS Pine Creek HS
Discovery Canyon Campus School Lewis-Palmer HS Vista Ridge HS
Doherty HS Liberty HS  
     
Jefferson County
Arvada West HS Fairview HS Pomona HS
Bear Creek HS Golden HS Ralston Valley HS
Boulder HS Green Mountain HS Standley Lake HS
Broomfield HS Heritage HS Thunderridge HS
Chatfield Senior HS Lakewood HS Wheat Ridge HS
Columbine HS Littleton HS  
Dakota Ridge HS Monarch HS  
     
Larimer County
Berthoud County Loveland HS Rocky Mountain HS
Fort Collins HS Mead HS Thompson Valley HS
Fossil Ridge HS Mountain View HS Windsor HS
Longmont HS Poudre HS  
     
Weld County
Berthoud HS Legacy HS Niwot HS
Centaurus HS Longmont HS Poudre HS
Erie HS Mead HS Windsor HS
Fossil Ridge HS Mountain View HS  

RENT to Own Any Home you Want!   Contact us Now 303-955-4220

Rent to Own Fast and Easy | *NEW to Denver Area Lease Option Program*

Here is a useful link to evaluate your options:  http://portal.hud.gov/HudCalculators/

Kenna Real Estate is in no way responsable for Hyperion Homes, Home Partners of America.  Hyperion Homes, Home Partners of America act as your landlord if you proceed with the Lease with the right to Purchase Program, Kenna Real Estate is not a mortgage company, does not see your credit, have any imput, or can guarantee you will be approved by Hyperion Homes, Home Partners of America. Kenna Real Estate and irs Agents have no obligation  to provide and does not provide financing and cannot guarantee or in any way assure that a resident will be able to obtain a mortgage if and when he/she wishes to exercise the Purchase Right.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES.

Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

Listing information last updated on November 25th, 2017 at 4:04am MST.

Terms and Conditions: The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Kenna Real Estate are marked with the IDX Logo. This information is being provided for the consumers personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Copyright 2017 METROLIST, INC., DBA RECOLORADO® -- All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

Listing information last updated on November 25th, 2017 at 3:34am MST.