$950 Down Buys a Condo | OwnACondo.com

Read That Again: Get a Condo of Your Own For Less Than a Grand to Start!

Just $950 Down to Start!
Low Prices and Low Monthly Payments

Here’s How it Works:

Enter our program with a FREE pre-qualification and CREDIT SCORE CHECK by our lending partner, Bank of America.
If qualified, select the place you want to live with the help of our $950 Program Specialists and put $950 down on a participating condo by April 30, 2010.
Have an initial closing on that condo with financing provided by the owner/developer at 6.5%, interest-only
Immediately apply for your Government-Sponsored Tax Credit worth up to $8,000 for First-Time Buyers and up to $6,500 for Repeat Buyers (if you’ve already filed your tax return, you can file and amendment to speed the tax credit).
Put the proceeds from that tax credit toward what you owe on the condo. This effectively builds up your total down payment to help qualify for conventional bank financing.
Apply for refinancing with our exclusive lending partner, Bank of America. You’ll have a second closing at a great rate with the largest bank holding company (by assets) in the entire nation, Bank of America.

Chose any condo from our featured developments or other properties all over the entire Chicagoland.

Grays Pointe Condominiums Grayslake, Illinois	Waterfall Glen Condominiums Willowbrook, Illinois	Lloyd Place Condominiums Worth, Illinois
Menard Manor Condominiums Oak Lawn, Illinois	Park Place Condominiums Oak Lawn, Illinois	Scenic Tree Condominiums Palos Hills, Illinois
Tatra Condominiums Chicago Ridge, Illinois	Maple Grove Condominiums Lisle, Illinois	Jefferson Parkview Condominiums Naperville, Illinois
Sunrise Condominiums Geneva, Illinois	Pebblewood Court Condominiums Hanover Park, Illinois

Why the Deadline of April 30, 2010?
That’s When the Gov’t.-Sponsored Tax Credits Expire!
You’ve Got to Act Quickly

Contact Us Today for More Information about Locations,
Pricing, Availability and More!

Individual circumstances will vary. Nothing here in is intended or to be construed as legal or tax advice. Always seek independent legal and tax advice.
All applicants must qualify for developer financing. See a sales representative for details. All applicants must independently qualify for bank financing.

1 Example is subject to all applicable FHA guidelines and program requirements and is based on monthly payments on a 30-year fixed-rate FHA loan program. Monthly Principal and Interest based on advertised sales price. Example is based on an interest rate of 5.250%/5.860% APR as of 02/11/10. Rate and APR will vary based on factors such as points, loan amount, loan-to-value, borrower’s credit, property type and occupancy. Rates and APRs assume that an escrow account is set up for payment of property taxes, hazard insurance and mortgage insurance if applicable. Rate/APR assumes closing costs of $1,750. All rates and terms subject to change without notice. Scenario only available to buyers who qualify for government insured financing.

2 Monthly mortgage insurance premium is required until loan-to-value reaches 78%.