Rent to Legacy Program

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 It’s a quick and easy process that will take less than 24hrs to pre-qualify. 

 Move into one of S.A.M.'s rental homes and start saving towards your down payment. Most renters are able to qualify for a mortgage in less than three years. 

At any point during the renewal period you can choose one of three options: buy the home with the money you’ve saved, continue to stay in the home but opt out of the Rent to Legacy Program (and cash out your Legacy Account), or move out (and cash out your Legacy Account). 

Don’t worry if you have blemishes on your credit—we get that life happens. Once we’ve verified your income and savings, you’ll get an approval within 24 hours.

 You can buy the home at any time during your three-year lease. We also offer "opt out periods" each year during the anniversary month in which you signed the original lease.

 We get that things change and that you may need to end up moving instead of buying back. That's why we provide an "opt out" period each year during the anniversary month of your original lease signing. If you choose to walk away, we’ll return the cash in your Legacy Account to you-- less a relisting fee (a percentage of the amount saved). 

 A one-time, upfront contribution to go toward your Legacy Account (1% of the home value). 

The Legacy Account is what we set aside for you to save up little by little for your future down payment (0.25% of home value).  Total Rent is based on the fair market rent plus the amount saved in your Legacy Account 

(Rent + Legacy Account Savings = Total Rent). 

About ¼ of every monthly payment goes toward your savings for a down payment. Whenever you’re ready, you can either use those savings to buy the home from us or cash it out minus a 10% relisting fee.