Frequently Asked Questions
Q. I want to rent a home, how do I qualify for the HomeNow program?
A. Prospective residents must have an annual household income of at least $50k, provide proof of stable employment and go through an application and approval process.
Q. What kind of rental homes are available to move into?
A. Single-family homes or townhomes located in approved communities priced between $100k – $450K. The homes must have a minimum of two bedrooms and sit on a lot of three acres or less. Home must be in a community without rental restrictions. *price range varies by market. **other factors may apply.
Q. How do I find a qualified house for rent?
A. Prospective residents of the HomeNow program will work with a Mark Spain Real Estate Agent to find a home in an approved community that fits their rental home budget.
Q. Do I have to buy the home?
A. No, you have complete flexibility and control. You have the ability to renew your lease for up to five years with the right to purchase at any time, if you’d like. Or, when your lease term ends, simply walk away.
Q. Where can I learn more information?
Please visit our blog on programs we offer at Mark Spain Real Estate and how to rent a home.
*subject to terms and conditions*