Home Partners of America made a glitzy presentation to my real estate broker, claiming to be in the business of helping hardworking Americans who may have experienced past financial difficulties by giving them a chance of home ownership. They buy the house while you continue to rent and they agree to sell to you first. They claimed to want to buy in solid neighborhoods with good schools. Most importantly they claimed they would pay fair market value or above fair market value for houses. Well my real estate agent spent many hours preparing the comps on a property we were interested in. Great schools, great investment. They were prompt in responding, but they came back with an offer of 20% below the owners asking price. No comps in the neighborhood came even close to home Partners’ offer. My real estate agent was very taken aback because of all the work she put in. I was offended by their low offer and I didn’t even own the house. Clearly Home Partners is in the business of lowballing and paying significantly below market value for houses. Don’t waste your time with this company unless you are looking for a pre foreclosure or some type of desperate sales situation. They aren’t all bad. The application is pretty straightforward and the response is quick. This is not a company you want to use if you are interested in buying any property that is worth fair market value. Home partners basically lied in saying they pay fair market value in all their promotional materials. Plus there is a $75 application fee per adult in the household! Had I known they didn’t pay fair market value for houses, I never would have a applied. I intend to ask for my money back. Very disappointing and I would not recommend Home partners of America to anyone. .
This complaint and/or review was posted on HolySmoke.org on 22:12 pm, September 11, 2018 (CST) and is a permanent record located at: https://www.holysmoke.org/scam/home-partners-of-america-inc-review/.
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