Have questions about Next Move? We've got answers. Take a look at the most common inquiries participants have about this excellent new program.
Frequently Asked Questions
Your Questions, Answered
Legend Homes and SimplyHome partner to offer the Next Move Program , an exclusive initiative with incentives designed to help SimplyHome residents transition to homeownership.
Take a look at some of the most frequently asked questions about the Next Move Program:
How do I participate in the Next Move Program? You can call us at 281-606-3454 or email us at nextmove@camillo.com to connect with a team member today! Is the Next Move Program only available to current SimplyHome renters? Yes! This is a unique program designed to serve SimplyHome residents who have rented for at least 3 consecutive months.
Can I purchase the home I’m currently renting from SimplyHome? SimplyHome’s rentals are not available for purchase under the Next Move Program.
Legend Homes often builds communities in the same areas SimplyHome serves, making it easy for residents to transition into homeownership while staying close to the neighborhoods, schools, and conveniences they already know and love.
Click here to view all Legend Homes communities.
How soon can I use the flexible lease benefit of the Next Move Program? After renting for at least 3 consecutive months, SimplyHome renters can easily end their rental agreement without penalties when they purchase a Legend Home using The Next Move Program!
It is required to provide SimplyHome with a 60-day notice when purchasing a home through the Next Move Program.
What happens if I’ve prepaid my rent? SimplyHome would prorate the rent charge to your move out date and apply the security deposit to any turnover charges (if applicable).
Any remaining funds would be sent back to the resident within 30 days of vacating the property.
Can I use my Realtor when purchasing a home through the Next Move Program? Of course! We’re always happy to work with our trusted Realtor partners. Can I combine the Next Move Program incentives with other active sales offers? The benefits of the Next Move Program cannot be combined with other short-term incentives.
However, the Hometown Heroes discount may still apply for eligible local teachers, medical professionals, active-duty military members, police officers, firefighters, and more.
What are the credit score requirements to purchase a home? Most buyers typically need a credit score of 640 or higher to qualify for a mortgage.
There are a number of ways to improve your credit score. Get in touch with our team to learn more.
How much money do I need to have saved for a down payment? Each loan type has a different down payment requirement. Most of our customers use an FHA loan, which requires at least 3.5% of the purchase price of the home you choose.
Reach out to our team to explore other loan types or available down payment assistance programs.
What are closing costs? Closing costs typically include lender fees, property taxes, title insurance, and other related expenses associated with purchasing a home. In most cases, closing costs range from 3% to 6% of the total loan amount. As part of the Next Move Program, eligible buyers can receive closing cost assistance when financing through our preferred lender. I found a home I like! How do I purchase it through the Next Move Program? Great news! When you’re ready to take the next step, you’ll begin by completing an application with a loan officer to obtain your mortgage pre- approval letter. After that, you’ll submit earnest money — an amount that varies by community — to reserve your home. This deposit is applied toward your down payment at closing. Once all required paperwork and signatures are finalized, your home will officially go under contract and be removed from the market. Ready to get started? Call us at 281-606-3454 or email at nextmove@camillo.com.
The Next Move Program is an exclusive offer for qualifying SimplyHome tenants who have continuously occupied their rental residence for a minimum of three (3) consecutive months. Qualifying tenants must be current on their rental payments with no unresolved lease violations and provide written notice of lease termination no less than thirty (30) days and no more than sixty (60) days prior to vacating the rental residence. To qualify, tenants must enter into a purchase agreement and close on a home sold directly by Legend Homes. Legend Homes reserves the right to change prices, incentives, plans & specifications without notice. Buyer must utilize a Legend Homes preferred lender to receive closing cost promotion. Total Closing Cost contribution subject to Seller’s contribution limitations based on Mortgage Programs and loan to value guidelines that are outside Seller’s control. All Loans are subject to loan qualifications of the lender. Rates, terms and conditions are subject to change without notification. Certain loan programs may not qualify for the full incentive. Any unused portion of the funds cannot be applied to cost of home, options, elevation premiums, or lot premiums. Any unused portion will be forfeited. Additional conditions or restrictions apply. This offer is non-transferable, has no cash value, and cannot be combined with any other incentive offered. See a Legend Homes Sales Professional for more information.
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