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Rent to Own!
New Condo - Downtown Sailboat Bend
Buy $70,000 Under Market & No Money Down ***
$2,995 Rent - Re-finance 1st mortgage & balloon payment* due @ 3 Years *
- Buy today near pre-construction price of $459,000
- Estimated market value today: $529,000 Get $70,000 in instant equity now
- Earn $500 per month toward reduction of deferred principal - $12,000 over 3 years! **
- Includes deferred principal of $143,000 less $12,000 in rent credits payable after 3 years.
- Easily re-finance later new $459,000 mortgage - with Estimated market value of $525,000, Get $70,000 in instant equity today plus potential value increases .. At only 5% annual appreciation, property worth $607,750. Could Refinance equity potential in 3 years with 20% in equity = $121,550 - still have potential of $27,200 in equity!
- All with no future additional cash down payments required!
- Lock in today's values and equity with no money down!
Contact Howard Willis at (954) 949-0444 or 1-(866) 789-6565 for details
* Requires application to HomeBanc mortgage for qualification and preference for renter/buyer to finance first mortgage
** Owners may carry second mortgage subject to buyer’s credit and final package negotiated
*** Subject to updated appraisal at financing review stage
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Today's Rates:
| 30-yr Fixed | 4.54% | 4.69% | | 15-yr Fixed | 4% | 4.21% | | 1-yr Adj | 3.64% | 4.52% |
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