* If the original purchase price of the home was $400,000 or higher, you will not be eligible for a refund of Purchase Credits if you decide not to purchase the home. On our 10% Purchase Credit program, you'd get a refund of 8% of the original home purchase price.On our 5% Purchase Credit program, you'd get a refund of 3% of the original home purchase price. If you have 5% Purchase Credits, then you have a 5% down payment ready! If you choose not to purchase your home when your lease ends, then ZeroDown will refund a portion of your accumulated Purchase Credits, minus a Termination Fee equal to 2% of the original purchase price of the home and any outstanding fees and payments owed to ZeroDown (this will help cover our costs related to selling or re-renting the property) *. You can apply your Purchase Credits towards a down payment on your home at any point during your lease. Because the Purchase Credits are a percentage of your home’s purchase price, as the home’s purchase price grows, so does the value of your Purchase Credits. Purchase Credits correlate to a percentage of the home’s value, so 5% Purchase Credits correlates to 5% of the home’s price. Each month that your lease remains current, you earn Purchase Credits. With plenty of space and a gorgeous natural backdrop along South Hill, this community could become your new favorite place.Think of Purchase Credits as a down payment savings account, that starts at 2% of your home’s current purchase price. If an apartment is too cramped, consider a rent to own home instead. Agava Restaurant loves to inspire the ears and satisfy the taste buds.įind your dream apartment rental with ease! With the average rental costing $1,200, there are endless options for renting in this growing college town near Cayuga Lake. Musical theater at Dillingham Center, dancing competitions, and coffee house entertainment add to the mix. Classic Guitar, jazz, reggae, and rock are just four spectacular sounds you can find around Ithaca at venues such as the Oasis or Bailey Hall. Why not take advantage of these buyers' benefits? With ample room to spare, your property investment in the Appalachians will improve as the years go on.Īwesome music is never far out of reach! The Ithaca music scene sends out tunes that will have you tapping from head to toe. Price per square foot, though, has decreased by 2 percent. A 5.8 percent increase in home values shows that Ithaca is primed for real estate potential. Market prices are on the rise! With housing prices on the upswing, now is a fantastic time to buy a home in neighborhoods like East Ithaca or City Center. Natural foods abound, and the GreenStar Natural Food Market stocks a variety of organic and local products worth investigating. Well-known Moosewood, as well as local favorites like Souvlaki House, Crow's Nest Cafe, and Ichabod Lounge, is always ready to take your order. Specialty items as well as homestyle fare sprinkle the menus of restaurants around the city. With a wide range of restaurants to choose from, there is never a shortage of great hangouts. You can become a true foodie! Ithaca has set down a solid and tasty place on the food map. Rent-to-own is also a great alternative way to get into a home if you haveīad credit or don't have enough saved for a down payment. This enables you and yourįamily to make the right choice based on both information and experience. Your community before making the final purchase. Purchase it, meaning that you get to know the house, your neighbors, and You can live in the house for a set amount of time before you With a rent-to-own property, tenants are alsoīuyers. Than average down payments for homes and higher qualification standards forĬonventional home loans. With the current housing shortage trend it can make it harder to become a Which has shown tremendous growth across the U.S. Rent-to-own market is more affordable than the traditional housing market With a median household income of over $38,019Īnd a median rent of $1,171, the Ithaca, NY Ithaca, NY is a great place for affordable rent-to-own From waterfalls and rivers at Hemlock Gorge to the gorgeous natural forests and hillsides of Sapsucker Woods Bird Sanctuary, Ithaca has many reasons to claim top marks for beauty. With over 30,000 permanent residents and a steadily growing metropolitan area, Ithaca has no difficulty attracting newcomers to its lakeside setting. Ever heard the phrase, Ithaca is Gorges? The Tompkins County countryside around this city is varied and breathtaking.
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