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Most asked questions.......
- Yes, You can go straight to closing.
- Yes, you can pay more then the credit you receive towards the option each
month
- Yes, we do pay property taxes for the first year and we will pro-rate the second
year in
your lease with option..
The 3rd or any additional you are responsible for property taxes.
- Yes, we do provide insurance on the house (not contents) until you go to
closing. You will need to get renters Insurance.
- Yes, you can put up a fence.
- Yes, you can payoff your mortgage early -- without penalty in most cases.
- Yes, you do have to pay some closing cost. An average would be $1,600.00
to $2,200.00 Because the partnership is the developer, most of the closing
cart are prepaid. Normally, you should go to closing within 60 days
after your option payment has been paid in full.
- Yes, you will have to provide proof of insurance and one year prepaid
premium at the time of closing. (Due to changes in insurance we are unable to
provide an estimate cost of we are not an agent)
- Yes, this is a fixed rate mortgage. Your mortgage payment will be the same
each and every month until it is paid.
- Yes, the sale prices is fixed when you start the lease.
Please feel free to contact our office Monday Friday 8:00am to 4:30 pm.
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