A unit hold takes a specific home off the market for a set time. It gives you room to finish your application and plan your move without losing the home.
Holds have rules. Many properties ask for a deposit to start the hold. The deposit may be refundable or not, depending on the terms. Get the terms in writing.
Do not confuse a hold with a rent quote. A rent quote is the price. A hold keeps the home. Centro Studio Homes honors a quote for 2 business days, and it holds a unit for up to 14 days.
Questions to ask the office:
- What do I pay to start the hold?
- Is that amount refundable if I change my mind or am denied?
- What is the last day I can sign?
- What happens on day 15?
Centro’s studio deposits start at $500. Fees are estimates and actual amounts may vary.
See move-in costs on the deposits page.
