What is a leaseback and why should you be jumping on this opportunity?
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Homeowner Updates

What is a leaseback and why should you be jumping on this opportunity?

PUBLISHED ON: October 11, 2022

A leaseback program is a unique investment where you buy a new home and delay your possession, in the meantime you will “rent” it out to the home builder for 18–24 month period.

When you buy a show home from a Hopewell, we continue to operate out of it for an agreed upon time. During this time, we (the homebuilder) will pay you (the homeowner) a monthly fee to lease the home from you. This means you get to buy a beautiful Hopewell show home, with all its designer finishes and high-end upgrades, while also generating some additional income during before you take possession.

BENEFITS OF A LEASEBACK:

  1. Professionally curated by an interior designer
  2. High-end extras and upgrades included at a lower price
  3. Extra time to sell your current home
  4. Additional monthly income to help pay your mortgage
  5. Reliable tenant during the lease period
  6. Assurance that you’re moving into a professionally maintained home
  7. Coverage of all property maintenance and utilities
  8. Your home is covered under the Alberta New Home Warranty Program

Leaseback programs are a sound and reliable investment for every type of homebuyer. Buy your new house and generate extra monthly income too!

If you’ve seen a Hopewell show home you love and want, reach out to use today to find out if it’s on leaseback.

*Leaseback programs generally run about 18 - 24 months and rates vary, depending on the market and show home inventory

CONTACT US  à findyourhome@hopewell.com

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