Home Partners of America Predatory, Low-Quality Business Model that takes advantage of consumers. Chicago Illinois

Hi I'm so sorry for your experience with Home Partners. As a licensed real estate agent in Illinois, I have closed several deals with Home Partners. I would hope you were properly screened before going through with the program. As a realtor its my job to ensure that all my clients know upfront what the minimum requirements to this program are. Also before moving forward and paying the non refundable fee to Home Partners they give you a questionare again pre qualifying you before paying any money. I can suggest contacting them through the resident status email to get full details on why you did not get approved. 

Chay Spaniol 630-699-2111

Charles Rutenberg Realty

 It took less than 30 minutes since my report had been published for you to respond, yet you don't work for them. You must monitor all activities related to the company to defend them and give me, the deadbeat, some life lessons that I truly appreciate. You know nothing about me. Keep your advice and opinions of me, and not my review, to yourself. And make sure you monitor other sites where my reviews will be posted so you could share your words of wisdom with me. I don't want to tell anyone to take my advice, but will highly suggest they stop by their local bank or mortgage lender and discuss Home Partner's business model. I would love to hear one person tell me how it makes any sense that a customer has to pay 5% above the sales price, which is very reasonable, but then pay their closing costs which are added to the increased sales price and then the closing costs that the client have to pay for his or her own lender when it is time to purchase the property. And unless you expect to see double digit appreciation, which is very unlikely starting 2016, the second and third year increased sales price to the point where it is outrageous, makes that path absolutely predatory, to say the least. Also, more than 20 pages for their lease could tell you something. I won't go into more details as I am sure others have mentioned many critical factors in their own reviews and on discussion forums. Last but not least, most owners with homes that are worth buying would not want to deal with the low ball offers that Home partners would be presenting, not to mention that they have a limit of $550,000 for homes in Texas, meaning they truly do take advantage of the situations of people that don't need to be putting themselves in more debts for homes that aren't worth the overall cost. There are many online tools to help you determine whether buying versus owning is better, according to your own specific situation.

 If they are so,so bad, why were you doing business with them in the first place? The answer is...you're here to stomp your feet , whine, wail and cry because you were denied. You were denied because of YOUR self developed credit reputation. If you wouldn't have had a documented and verified track record of being a deadbeat, this wouldn't have happened! We've seen it here hundreds if not thousands of times where people who don't get their way come here and attempt to defame the company as nothing more than an immature attempt to get even. Grow up and pay your bills! Oh yes, let me save you some effort. Don't bother writing back something childish like, "You must work for them", because I don't!