When you purchase a home through Community Home Trust, you sign a ground lease. This document stipulates that you must sell your home back to Community Home Trust when you move and you cannot resell it on the private market. If you are a CHT homeowner who is considering selling your home, please consult the information below to begin the process. If you have questions, contact Property Sales Manager Amy Slaughter at aslaughter@communityhometrust.org or 919.967.1545 x308, or Real Estate Sales and Transaction Coordinator Bruno Marcenaro at bmarcenaro@communityhometrust.org or 919.967.1545 x301.

  1. Submit the resale request form and $400 fee to CHT.
  2. A home inspection is ordered/completed.
  3. CHT will prepare a list of repairs you’re required to complete (the Repair Addendum).
  4. When you complete your repairs, you will sign resale paperwork.
  5. CHT will schedule professional photos of your home and list it on our website.
  6. CHT will begin the internal matching process to find an eligible buyer who can purchase your home.
  7. CHT will show your home to a prequalified buyer, and they will sign a contract to purchase your home.
  8. You will sign the necessary documents to sell your home.
  9. Closing!

No. All real estate transactions are completed by our in-house realtors at no cost to you.

Your resale price is determined by several factors, including how long you’ve owned your home and the appreciation model listed in your ground lease. We will use this information to determine your resale price (the price CHT will pay you for your home).

No. We will set the price for your home based on HUD’s affordability guidelines.

Yes. Our homeownership team will work with you to determine what repairs are necessary before we can begin marketing your home.

No. You are required to continue paying all housing related expenses (mortgage, HOA dues, use/stewardship fees, etc.) and keep utilities on until closing occurs, even if you’ve already moved out of your home.

No. We will sell your home to a qualified CHT applicant. If you know someone who is interested in purchasing a CHT home, please refer them to our website to apply to our program.

Once you’ve completed all of your required repairs, signed your resale agreement, and professional photos (scheduled/paid by CHT) are completed, we will list your home on our website.

It varies. While we cannot guarantee a specific timeframe, on average it takes 4-6 months to complete the entire resale process and sell your CHT home. The process may be shorter or longer depending on several factors, including the time it takes you to complete your required repairs.

If you have questions, contact Property Sales Manager Amy Slaughter at aslaughter@communityhometrust.org or 919.967.1545 x308, or Real Estate Sales and Transaction Coordinator Bruno Marcenaro at bmarcenaro@communityhometrust.org or 919.967.1545 x301.