Bluewater Assets Group slashed prices and arranged new financing options for buyers after purchasing the remaining 39 unsold units at Grand Bend at Green Bay in Evanston.
Large one-bedrooms are now priced from the $170s and two-bedrooms from the $250s. The price reductions resulted in 14 sales. Grand Bend is also offering a contract for deed program, more commonly referred to as a “rent to own” program, while continuing to offer units for sale.
The contract for deed program addresses the buyer who needs time to accumulate a down payment and line up financing. Under the program, buyers have the option to purchase at the market price at the end of their lease term, with 25% of their rent being credited to the purchase price or down payment.
Bluewater managing partner Robert Matthews outlines the program in this sponsored video.