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 CHT Realtor Amy Slaughter at aslaughter@communityhometrust.org or 919.967.1545 x308, or CHT Realtor Bruno Marcenaro at bmarcenaro@communityhometrust.org or 919.967.1545 x301.

The Resale Process

  • Submit the resale request form on the CHT website and pay the refundable $400 fee. This fee will be refunded at the completion of the sale of your home.

  • Work with CHT staff to schedule and complete an inspection of your home.

  • CHT will provide a list of necessary repairs, known as the Repair Addendum. You must complete all listed repairs to move forward with selling your home.

  • Work with CHT staff to sign all required resale paperwork.
  • CHT staff will contact you to schedule and complete professional photography of home.
  • Your property will be listed on the CHT website and CHT staff will begin matching your home with potential buyers from our pool of candidate homebuyers.
  • CHT staff will host showings of your home for prequalified buyers at an agreed upon time.
  • An approved buyer will sign a contract to purchase your home.

  • CHT staff and the buyer will conduct a walkthrough of the home.
  • You will sign a legally binding seller contract and other resale documents.
  • CHT will conduct a final inspection of the home.
  • You will then sign the HUD closing statement.
  • Your home will be sold at the buyer closing, which you are not required to attend.

  • After the sale of your home, we’ll ask you to complete a brief survey about your CHT homeownership and sales experience.

Frequently Asked Questions

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.