On average, it takes 45-60 days from application to move-in. For a detailed overview, click here to read our Prospect Guide.
- Households may register on our website and complete the free Pre-Qualification application. If they pass the Pre-Qualification Questionnaire, they are prompted to submit a Full Application and pay the application fee. To complete the application, household members 18 years of age and older must verify their identity and undergo a background check. Members contributing to rent must verify their income.
- If approved, we will send them their maximum allowable monthly rent. Households may work with a real estate agent of their choice and may begin searching for a home for sale that meets our property criteria.
- Once households find a home they love, their agent submits it to our team for review. If the home passes our review, we will submit a competitive cash offer to the seller. If the seller accepts, the household will sign a 1-year lease and a Right to Purchase Agreement. All rent amounts and Right to Purchase prices are predetermined for up to 5 years (3 years in Texas). If the seller rejects our offer, the household and agent will continue their home search.
- After closing on the home, our exclusive property management company, Pathlight Property Management, prepares it for move-in and provides support to residents throughout their lease. Residents have the option to purchase the home from us anytime during their lease. If they do not renew the lease and do not elect to purchase the home, they may move out with no financial penalty.
Comments
0 comments
Article is closed for comments.