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  2. How do I buy back my home?
  3. How do I get ready to buy back my Divvy home?

I see two different purchase prices in my lease. When do I need to let Divvy know I want to buy the home for each of those timelines?

In your three-year lease, you have two option purchase prices available:

 

  • 18-month price (Early Option): In order to qualify for the 18-month price, you need to complete the purchase of the home (close your mortgage loan) prior to the start of the 18th month of the lease.
  • 36-month price (Standard Option): In order to purchase the home at the 36-month price, you need to notify Divvy of your intent to purchase between the 18th month of your lease and the end of the 35th month. Typically, allowing 2-4 months lead time before the end of your lease will ensure you have enough time to close prior to the end of the lease.