We only charge rent in the event you haven’t secured your mortgage prior to closing. If not, we have you covered. When we buy and reserve the home for you, we charge rent based on our carrying costs for the property or the fair market rental value based on similar homes in the area. This covers our costs, but our model is not to make money on rent. In fact, we encourage you to secure your mortgage as soon as reasonably possible so you can own your beautiful new home.
You will know the rental amount prior to making an offer as part of our goal for you to know everything upfront so you can bid, win and close with confidence.