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Courtesy of Compass RE.
Introducing Groundly: the new way to buy a home by separating the home from the land it sits on through a modern ground lease, reducing the upfront cost. Groundly customers can save up to 30% on their down payment and 7% on their initial monthly payment. Groundly purchases the land underneath your home and leases it back to you at a low monthly rate, less than the cost of a similar mortgage, so you only need a mortgage on the home. Crisply renovated and updated ranch home with full basement and brand new deck only 10 minutes from Nashville core. The main level features an open floor plan, kitchen with quartz countertops, a subway tile backsplash, a smart oven, and stainless steel appliances. The finished lower level allows for a separate living space, short-term rental, or an additional bonus/flex room with fireplace * This home is offered on a ground lease w/ initial monthly payment to be $536 per month. * Groundly Closing Credit of $100K at the time of purchase to make price $305,000
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