{"id":44,"date":"2023-01-29T16:54:48","date_gmt":"2023-01-29T16:54:48","guid":{"rendered":"https:\/\/colemanmg.com\/rent\/?page_id=44"},"modified":"2023-02-06T02:58:19","modified_gmt":"2023-02-06T02:58:19","slug":"general","status":"publish","type":"page","link":"https:\/\/colemanmg.com\/rent\/general\/","title":{"rendered":"General"},"content":{"rendered":"\n<div class=\"wp-block-columns alignfull has-text-color has-background is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\" style=\"color:#000000;background-color:#ffffff\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\" style=\"font-size:24px;line-height:1.3\"><strong>General<\/strong><\/h3>\n\n\n\n<p>What does the Lease Purchase process look like from start to finish?<\/p>\n\n\n\n<p><a href=\"https:\/\/colemanmg.com\/rent\/general\/\">View All Questions<\/a><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\" style=\"font-size:24px;line-height:1.3\"><strong>Applications<\/strong><\/h3>\n\n\n\n<p>How does someone apply for the Lease Purchase Program?<\/p>\n\n\n\n<p><a href=\"https:\/\/colemanmg.com\/rent\/applications\/\">View All Questions<\/a><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\" style=\"font-size:24px;line-height:1.3\">Property Submission &amp; Inspection<\/h3>\n\n\n\n<p>What are your basic property qualifications for the Program?<\/p>\n\n\n\n<p><a href=\"https:\/\/colemanmg.com\/rent\/property-submission-inspection\/\">View All Questions<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns alignfull has-text-color has-background is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\" style=\"color:#000000;background-color:#ffffff\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\" style=\"font-size:24px;line-height:1.3\">Right to Purchase<\/h3>\n\n\n\n<p>How many years do residents have to purchase the home they are renting from you?<\/p>\n\n\n\n<p><a href=\"https:\/\/colemanmg.com\/rent\/right-to-purchase\/\">View All Questions<\/a><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\" style=\"font-size:24px;line-height:1.3\">Move-In &amp; Pathlight<\/h3>\n\n\n\n<p>When does Pathlight become the main point of contact for incoming residents?<\/p>\n\n\n\n<p><a href=\"https:\/\/colemanmg.com\/rent\/strongmove-in-amp-pathlight-strong\/\">View All Questions<\/a><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><\/div>\n<\/div>\n\n\n\n<section id='' class='helpie-faq accordions faq-toggle custom-styles ' data-collection='' data-pagination='0' data-search='0' data-pagination-enabled='0'><h3 class=\"collection-title\">General<\/h3><form class=\"search\" onSubmit=\"return false;\"><div class=\"search__wrapper\"><input type=\"text\" class=\"search__input\" placeholder=\"Search FAQ\"><span class=\"search__icon\"><svg class=\"svg-icon--search\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 22 22\">\r\n                        <g fill=\"none\" stroke=\"#171717\">\r\n                            <path stroke-linecap=\"square\" stroke-width=\"2\" d=\"M18.5 18.3l-5.4-5.4\"\/>\r\n                            <circle cx=\"8\" cy=\"8\" r=\"7\" stroke-width=\"2\"\/>\r\n                        <\/g>\r\n                    <\/svg><\/span><\/div><div class=\"search__message\"><\/div><\/form><h3 class='accordion__heading accordion__category'>General<\/h3><article class=\"accordion \"><div class='helpie-faq-row'><div class='helpie-faq-col helpie-faq-col-12' ><ul><li class=\"accordion__item \"><div class=\"accordion__header \" data-id=\"post-137\" data-item=\"hfaq-post-137\" style=\"background:#FFFFFF;\" data-tags=\"\"><div class=\"accordion__title\">What does the Lease Purchase process look like from start to finish?<\/div><\/div><div class=\"accordion__body\" style=\"background:#FCFCFC;\"><p>On average, it takes 45-60 days from application to move-in. For a detailed overview, click here to read our Prospect Guide.<\/p>\n<ol>\n<li>Households may register on our website and complete the free Pre-Qualification form.<\/li>\n<li>If approved, must <a href=\"https:\/\/colemanmg.com\/rent\/credit-program\/\">sign up for credit program<\/a>. 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.<\/li>\n<li>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 households 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 2 years. If the seller rejects our offer, the household and agent will continue their home search.<\/li>\n<li>After closing on the home, our exclusive property management company, 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.<\/li>\n<\/ol>\n<\/div><\/li><li class=\"accordion__item \"><div class=\"accordion__header \" data-id=\"post-145\" data-item=\"hfaq-post-145\" style=\"background:#FFFFFF;\" data-tags=\"\"><div class=\"accordion__title\">Who is eligible to apply for the Program?<\/div><\/div><div class=\"accordion__body\" style=\"background:#FCFCFC;\"><p>We evaluate rent-to-income and debt-to-income ratios, FICO\u00ae scores, housing, employment, and criminal history, and other considerations:<\/p>\n<ul>\n<li>Annual household income of at least $30,000<\/li>\n<li>Proof of income<\/li>\n<li>No open chapter 7 bankruptcy<\/li>\n<li>No disqualifying criminal history<\/li>\n<li>Minimum of 45 days from date of application to move-in<\/li>\n<\/ul>\n<\/div><\/li><li class=\"accordion__item \"><div class=\"accordion__header \" data-id=\"post-147\" data-item=\"hfaq-post-147\" style=\"background:#FFFFFF;\" data-tags=\"\"><div class=\"accordion__title\">How much does it cost to apply for the Program?<\/div><\/div><div class=\"accordion__body\" style=\"background:#FCFCFC;\"><p>The application fee is free. During approval you will need to <a href=\"https:\/\/colemanmg.com\/rent\/credit-program\/\">sign up for our credit program.<\/a><\/p>\n<\/div><\/li><li class=\"accordion__item \"><div class=\"accordion__header \" data-id=\"post-149\" data-item=\"hfaq-post-149\" style=\"background:#FFFFFF;\" data-tags=\"\"><div class=\"accordion__title\">Where is the Lease Purchase Program available?<\/div><\/div><div class=\"accordion__body\" style=\"background:#FCFCFC;\"><p>Home Partners is available in dozens of markets across the country. To browse our approved communities, click here.<\/p>\n<\/div><\/li><li class=\"accordion__item \"><div class=\"accordion__header \" data-id=\"post-151\" data-item=\"hfaq-post-151\" style=\"background:#FFFFFF;\" data-tags=\"\"><div class=\"accordion__title\">What costs will applicants pay if they choose to enter the Program?<\/div><\/div><div class=\"accordion__body\" style=\"background:#FCFCFC;\"><p>We have a one-time nonrefundable application fee that varies by state. After a seller accepts our cash offer, the household will pay a (Non Refundable) Deposit. During the lease term, residents can expect to pay the following conveniently online: rent, utilities, a monthly air filter replacement fee, and if applicable, a one-time pet fee and monthly pet rent, and pool maintenance.<\/p>\n<\/div><\/li><li class=\"accordion__item \"><div class=\"accordion__header \" data-id=\"post-153\" data-item=\"hfaq-post-153\" style=\"background:#FFFFFF;\" data-tags=\"\"><div class=\"accordion__title\">Do you allow pets? And if so, how many?<\/div><\/div><div class=\"accordion__body\" style=\"background:#FCFCFC;\"><p>We allow up to 3 pets (cats or dogs) weighing less than 180 pounds in total combined weight. We allow all dog breeds, however, certain dog breeds may be restricted by local regulations and Homeowner\u2019s Association rules. Further, livestock\/farm animal pets such as pigs, horses, chickens, and goats, aquariums over 20 gallons, and exotic, venomous, and verminous pets, are not allowed.<\/p>\n<p>Please note that although service and assistance animals are excluded from our pet policy requirements, supporting documentation is required to qualify as such.<\/p>\n<\/div><\/li><li class=\"accordion__item \"><div class=\"accordion__header \" data-id=\"post-156\" data-item=\"hfaq-post-156\" style=\"background:#FFFFFF;\" data-tags=\"\"><div class=\"accordion__title\">Once a household moves in, who owns the home?<\/div><\/div><div class=\"accordion__body\" style=\"background:#FCFCFC;\"><p>We own the home until the household exercises their Right to Purchase. Our exclusive property management company,\u00a0<span class=\"s1\">Poppa Homes OwnerShip Program<\/span>, supports residents throughout their lease. They handle rent and utility payments, maintenance, and everything in between.<\/p>\n<p>For more information, <a href=\"https:\/\/colemanmg.com\/rent\/how-it-works\/\">click here.<\/a><\/p>\n<\/div><\/li><li class=\"accordion__item \"><div class=\"accordion__header \" data-id=\"post-158\" data-item=\"hfaq-post-158\" style=\"background:#FFFFFF;\" data-tags=\"\"><div class=\"accordion__title\">Are applicants required to work with a real estate agent to find a home for Lease Purchase?<\/div><\/div><div class=\"accordion__body\" style=\"background:#FCFCFC;\"><p>One of the benefits of our Program is that applicants must work with a licensed real estate agent to find a home. This way, applicants have the expertise and advice of a professional.<\/p>\n<p>For more information on how to work with a real estate agent, <a href=\"https:\/\/colemanmg.com\/rent\/agent-join\/\">click here.<\/a><\/p>\n<\/div><\/li><li class=\"accordion__item \"><div class=\"accordion__header \" data-id=\"post-160\" data-item=\"hfaq-post-160\" style=\"background:#FFFFFF;\" data-tags=\"\"><div class=\"accordion__title\">How can real estate agents become involved with the Program?<\/div><\/div><div class=\"accordion__body\" style=\"background:#FCFCFC;\"><p>Licensed real estate agents can <a href=\"https:\/\/colemanmg.com\/rent\/agent-join\/\">signup here.\u00a0<\/a><\/p>\n<\/div><\/li><\/ul><\/div><\/div><\/article><\/section>\n","protected":false},"excerpt":{"rendered":"<p>General What does the Lease Purchase process look like from start to finish? View All Questions Applications How does someone apply for the Lease Purchase Program? View All Questions Property Submission &amp; Inspection What are your basic property qualifications for the Program? View All Questions Right to Purchase How many years do residents have to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template\/template-onepage.php","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-44","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>General -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/colemanmg.com\/rent\/general\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"General -\" \/>\n<meta property=\"og:description\" content=\"General What does the Lease Purchase process look like from start to finish? 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