Save your lease
Rent Wise: get 50% of one month's rent back at settlement
If you are renting today and buy your next home with Michael Wade and Samson Properties, we put half of one month's rent toward your settlement costs. Your lease is the starting point, so keep a copy.
Book a 15-minute callWhat it looks like in dollars
The credit is 50% of one month of your current rent.
A $3,000 rent would mean $1,500. A $4,200 rent would mean $2,100.
How Rent Wise works
Rent Wise questions
How much is the Rent Wise credit?
It is 50% of one month of your current rent. For example, a $5,000 monthly rent equals a $2,500 credit toward settlement costs.
When do I get it?
At settlement, applied toward your closing costs on the home you buy through Michael Wade.
What do I need to qualify?
You need to be renting, buy a home through Michael Wade at Samson Properties, and have a copy of your lease showing your monthly rent. Ask Michael to walk through the details for your situation.
Can the credit be used on any loan?
Lenders and loan programs have their own rules on credits, so we confirm how the credit can be applied with your lender early in the process. Michael can help you plan around that.
Do I have to use a specific lender or inspector?
No. You are always free to choose your own lender, inspector and other professionals. Michael can share names if you want them.
More questions? Read the Renter FAQ for timing with your lease, budget and moving out.
Michael Wade, REALTOR® | Samson Properties. Licensed in Maryland and Washington, DC. Credit amounts depend on lender and program rules.