The typical term with Requity Homes is three years. However, our clients can buy back their homes anytime throughout the three-year term. The sooner they buy back the home, the cheaper the price. There is no penalty fee for buying back the home early.
For example, clients like Ingrid and Jose successfully transitioned to homeownership through the program in just eight months, and clients Maria and Jose in just 15 months. This demonstrates that while the standard term is three years, individual circumstances and financial progress can lead to earlier homeownership for some participants.