The Nunez family thought that homeownership was out of their reach when they didn’t have the savings to put forth a down payment. However, Home Partners gave them a new way to own a home they loved.

Read about how the Nunez family moved into a home they wanted to live in and bought it in just eleven months. Home Partners helped them reach their goal of owning a great single-family home in a neighborhood they love.

Ready for the Future in a New Home

When Sara and Bill Nunez first moved to southern Florida because of a job relocation, they decided to start renting instead of buying to get to know the area.

During this time, their children were preparing to move out of the house and go off to college, so the Nunezes were unsure of where they wanted to settle down.

As longtime renters, Bill and Sara always had a goal of owning a single-family home of their own. But, they were not financially prepared to purchase one when it came time to move.

“We had not fully saved a down payment, and we knew that was a requirement to be able to buy our own house,” Sara said.

Driven by their goal of homeownership, the couple began researching different rent-to-own options available.

After finding Home Partners, Sara and Bill thought that the Lease Purchase Program could get them into a great single-family home and jumpstart their journey to homeownership.

Once they reached out and decided to apply, Sara was pleased with the transparent process.

“[It] was super easy, super simple,” she said.

Picking their Dream Home

After approval, the Nunez family was able to work with an agent of their choosing to browse qualified homes in the area.

Since they were able to pick from homes listed on the for-sale market, they had lots of options to choose from in a community they loved.

And they were sure to browse lots of homes before submitting one to Home Partners!

When they found a property that met their needs, they toured it three times to make sure it was the right place for them.

“It was enough space for us to feel warm and welcome,” Bill explained. “[It] felt like home.”

The best part of the property for them? The pool! “We had always wanted a pool,” said Bill. “We are from New York so to have one is the south Florida [experience].”

Saving Up to Exercise the Right to Purchase

After move-in, the Nunezes were unsure if they were ever going to be able to purchase the home from Home Partners. But as time went by, they started to fall in love with their new home.

“We knew we wanted this to be our forever home,” said Sara.

With Lease Purchase, the Nunez family had five years to save up for the down payment needed to buy the home. During this time, there are no unexpected rent increases or hidden fees so the Nunezes could save accordingly.

Bill and Sara loved their home too much to wait!

“We became very motivated [to buy] once we did move in and fell in love with the house,” said Sara. “We really were motivated to sock away extra money to save up for our down payment.”

“It was totally worth it”

Eleven months later, Bill and Sara are proud homeowners of their Home Partners home! But, is the Program worth doing?

“It was totally worth it,” said Sara.

Not only did she and her husband move into and rent a home they loved, but they accomplished their goal of homeownership sooner than they ever thought possible.

Despite the initial obstacles in the Nunez’s way, Home Partners helped them own a property that truly feels like home.

For an overview of how the Lease Purchase Program works and if it may be right for you, watch Tracey Jeter, Home Partners VP of Business Development, explain its benefits.

Are you a Home Partners resident that is ready to share your story? Share this article and contact us now.

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