What if you could choose a home, rent it for up to 5 years, while deciding if you want to purchase the home? You choose the home, you decide if you want to to buy it.
Coming VERY SOON to Virginia - Lease with the Right to Purchase program. Approved residents work with a Realtor (me!) to find a home. A home search link will be provided for homes in the approved communities. The program purchases the home. The resident signs a one-year least with NO additional risk or obligation. The lease is renewable for two to four additional years. Rent and purchase prices are pre-set for each year.
The resident can purchase the home at any time during their residency. If the home value appreciates above the purchase price, the consumer can purchase the home at the lower pre-set price. If the prices decline, they can walk away without any obligation.