chicago-condos & Chicago Real Estate & Chicago Homes pcherry on 23 May 2011 02:17 pm

Lexington Homes Offers Guaranteed Leasing Assistance Program

May 23, 2011 - More Chicago real estate developers have been offering assistance to homeowners who want to purchase a new Chicago condo, rowhome or townhome but are having a hard time selling their current home. There are developers out there who offer to market a potential buyer’s house or condo if the homeowner signs a purchase agreement to buy a new condo. But even with professional help it sometimes takes a significant amount of time to sell. Now at least one developer is offering to lease a buyer’s home for them if they will purchase a new rowhome.

According to a recent press release, Lexington Homes is launching their program in partnership with Marketplace Homes. With this program, current homeowners who want to purchase one of the Lexington Square rowhomes in Bridgeport but can’t sell their existing home can get a “guaranteed lease” for up to six years. The homeowner will get a monthly payment even if the home isn’t leased yet. Utilities, repairs and any maintenance is taken care of by Marketplace Homes and if the company manages to sell the home then the owner will get 100% of the asking price, according to the press release.

The rowhomes at Lexington Square have three bedrooms, 2.5 baths, a rooftop deck, from 2,216 to 2,507 square feet and an attached two car garage. The three story rowhomes also come with a fenced front yard, balcony off the kitchen, hardwood floors, brushed nickel lighting fixtures, 42 inch maple cabinets, granite counter tops, GE stainless steel appliances and marble or granite vanity tops in the baths.

Prices for these rowhomes start in the $370,000s.

There are a lot of options out there if you’re looking for Chicago homes for rent and even a few new options for owners who want to rent or sell their Chicago home.

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