Tenant Blog

What is the Benefit of a Home Buyer Program for San Antonio Tenants?

System - Monday, November 20, 2017

If you’re a tenant who dreams of owning a home someday, Liberty Management is here to help you turn that dream into a reality. As a first time buyer, down payment assistance, can be critical. Our Home Buyer Program is ideally suited to responsible tenants who eventually want to purchase a home. Here’s how it works:

Put Rent towards a Down Payment

For a first time home buyer, saving up for a down payment is often one of the most significant challenges. This program helps you save by allowing you to direct a portion of your rent towards the cost of buying a new home. When you pay rent on time every month, a part of it can be credit it back to help you with your down payment or closing costs. This will help you build up the cash you need to purchase and close on a home of your own.

Enrolling in the Home Buyer Program

We make it easy for tenants to join this program. There’s no cost to enroll, and you are automatically signed up as soon as you start paying rent as a Liberty Management tenant. The details are easy to understand. There will need to be an appropriate commission paid on the property, once you’re ready to buy. You’ll need to use a qualified Liberty real estate agent to look for and purchase your home, and your credit will be applied at the time you close on your new home. You can use this on any home that you buy in San Antonio and the surrounding areas. This is one of the best first time home buyer programs that you’ll find, and we’re proud to offer it to our residents. If you have any questions about how it works, or you’d like more information, contact us at Liberty Management or call (210) 681-8080. We’d be happy to tell you more.