Friday, March 4, 2011

Own a Penthouse Condo at MillCreek Terrace for Only 35% to 40% Down, with No Payment the Rest of Your Life.

Millcreek Terrace Penthouse Condos are selling for Only 35% to 40% Down, w/ No Payments for the Rest of Your Life!

That is true.  Millcreek Terrace has a new financing program that allows buyers, who are at least 62 years of age to pay only 35% to 40% down and have no principle and interest payments for the rest of the last living spouses life.

The down payment difference is determined by the age of the youngest spouse.  For example:  if a couple's youngest spouse's age is 62 years old and they wanted to purchase the most expensive and luxurious Penthouse in Millcreek Terrace, their payment would only be 40% of the $500,000 purchase price.  Therefore the down payment would be $200,000.  The only fees that they would owe is the HOA fee of $234 per month, which includes TV, internet, water and all other maintenance fees, except property taxes and utility bills.

Jay Rice, owner of Millcreek Terrace, says, "this finance program is a huge benefit for homeowners who would like to move up to the nicest condominium in the Salt Lake Valley with only having to spend 35% to 40% of what the property is worth".  In fact, Jay says, "that with the devaluation in real estate, his condos are selling at close to 30% below valuations seen just a view years ago".

MillCreek Terrace condos is now officially over half way sold out and the remaining units are priced to sell quickly, so don't waste much time in getting down to see these beautiful, luxurious, Penthouse condos.

If you have any questions you can call Jay Rice at 801-633-3994

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