Posted by Joel Gwillim on Monday, June 3rd, 2013 at 11:30pm.
If there's one way to get a buyer's attention it's putting 'mortgage' and 'free' together in the same sentence!
Construction is set to commence soon on 6th And Tenth, so developer Brad Lamb is offering another unique and exciting incentive to get Calgary inner city enthusiasts out and buying into his first project in the city. Lamb and his sales team are offering the next 20 buyers to LIVE MORTGAGE FREE FOR ONE YEAR! Of course with a deal like this there are always terms. The "No mortgage payments for one year" offer will be applied as a cash-back credit at final closing based on 75% of the purchase price with a mortgage rate of 2.6% amortized over 25 years. So it looks like you must have a decent downpayment ready to qualify, which is always a good thing regardless as you avoid any lender's insurance costs and have smaller monthly payments.
The 6th And Tenth development is anticipated to be completed by mid 2015 and is currently selling well. One Bedroom condo units start from $226,900 and there are plenty of great floor plans to choose from that boast high end upgrades that seem to be the standard for the development.
Apparently the deal expires on June 23rd, so if you're interested in learning more or jumping on this offer then contact us and we'll be happy to set up a private appoinment for you to walk through the show suite, discuss options and learn more about the individual price points.
For more information on the area or how to work with smaller spaces, check out the links to other blogs below!