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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 that you only need a mortgage on the home itself. Welcoming, comfortable home in a lovely neighborhood in fast-growing Mt. Juliet. Community Features Include a Playground, Community Pool, Sidewalks, Walking Trail, & Underground Utilities. Natural Gas Fireplace, primary bedroom downstairs, bonus room upstairs, new main floor HVAC and new water heater. * This home is offered on a ground lease with initial monthly ground rent to be $664 per month. Market value of the home is $546,000.
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