4. How does it work?
โข To protect homeowner
rights, and keep the home
affordable, Proud Ground
and homeowner sign a
legal agreement.
โข In this agreement, a
resale formula ensures
affordability when or if a
homeowner decides to
sell.
5. It is like traditional
homeownership in that...
โข You have a mortgage with a
bank.
โข You accumulate equity.
โข You enjoy the tax benefits of
homeownership.
โข You pay property
taxes, though they are often
reduced.
โข You are free to remodel and
improve your home and yard.
โข Your home can be inherited.
6. It is different in
that...
โข The purchase price
is much, much
lower.
โข In exchange, you
resell the house at
an affordable price
and enjoy a fair
return on your
investment.
7. Working with brokers
โข Our buyers are represented by a broker
โข We pay buyers agent fees
โข Our homes are listed after the First Look
period
8. Working with employers
โข Payroll inserts, posters, e-campaigns
โข Dedicated information sessions
โข Geographic targeting
โข Down payment assistance