Thank you for your interest in Cozy Home Rental's FUTURE HOME BUYERS PROGRAM. We realize that most rental residents will eventually consider buying their own home. We would like to help when you are ready to move into that phase of your life.

There are many opportunities available to become a homeowner. The first is the home you are living in. If, at any time, you would like to purchase your current residence, we will be glad to discuss the buying options available. We can also show you any house listed for sale or work with a builder on your behalf.

Cozy Home Rental is offering the FUTURE HOME BUYERS PROGRAM to current tenants in good standing. We want to reward loyal residents and future home buyers who pay rent on time by giving an “on-time” credit with each on-time rent payment.

The “on-time” credits can add up to several hundred dollars and make it easier for you to accumulate part or most of the down payment you will need for your purchase. See below for the details of the program. If you wish to find out more, please call Michael Mitchiner at 233-7900.

Requirements

1. Rent must be paid, in full, on or before the rent due date as indicated by your lease.

2. No credit will be received for any month that the rent is not paid as indicated above.

3. $10 ”On-time” credit for each month rent is paid as indicated by #1. (You will receive an annual statement reflecting your activity.)

4. “On-time” credits can be used only toward down payment of any house purchase at actual closing. “On-time” credits are NOT redeemable for cash.

5. House must be purchased through Michael Mitchiner as Real Estate Agent.

6. The home can be the one you are living in.

7. The home can be any home for sale on the Multiple Listing Service (MLS).

8. The home can be any home you may have built.

9. A resident must have participated in the Future Home Buyers Program for a minimum of 12 months (at the time of closing).

10. If rent is not paid on or before the due date more than 3 times in any 12 month period you will be removed from the program. All credits earned to date will be forfeited.

11. “On-time” credits will be used for damages and repairs if there are damages exceeding your security deposit at the time you move out.

12. If you are no longer our tenant but left in good standing & meet all other requirements, the “on-time” credits will be available for 3 years after lease termination.