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Lease / Purchase Program

Worthington Place Condominiums is now offering a NO RISK HOME PURCHASE PROGRAM!

Whether you currently do not qualify for a mortgage or simply prefer to delay purchase for any reason, this program may be perfect for you.  Our new Lease / Purchase program allows you to lease one of our brand new condominiums for 12 months with no obligation to buy. 

This Program is designed for people who want all the benefits of homeownership but…

  • Have bruised credit that they need time to rebuild.
  • Cannot currently qualify for a mortgage because of unexpected circumstances (for example, medical bills, foreclosure, divorce, income level temporarily low or new job.
  • Can qualify for a mortgage but are unsure of what the future may hold for their career or maybe unsure of where they want to live.
  • Maybe you just want to try out your new home prior to purchase with no risk.

How it works…

  • Apply and qualify for our Lease/Purchase program.  You must consult with a mortgage representative to determine mortgage qualifications.
  • Once approved, you can lock your purchase price in for 12 months.
  • We require a $1,200.00 deposit and $825.00 monthly rent on our available 2 bedroom units.
  • At the end of 12 months, if you choose to complete the purchase you will receive back your $1,200.00 deposit plus $500.00 of your monthly rent money to apply to your closing cost or down payment.  That is a total savings of $7,200.00.
  • This is also a great way to work with lenders to help repair your credit if necessary.

 

For more details on our new Lease/Purchase program contact us at
800-204-2202 or 517-589-0098


 

 

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