Live and Earn: Apartment to Home Purchase Program
What is Live and Earn?
Do you desire the American dream of home ownership but do not have enough money in savings to qualify? Just pay your rent. It’s that simple and easy to qualify for thousands of credit dollars that you can use towards the purchase of a new home built by Pacesetter Homes in the Greater Austin Area.
How do I sign up?
Visit with your leasing agent at The Village at Gracy Farms or Villages at Turtle Rock office and sign up for Live and Earn when you enter into a 12 month lease at The Village at Gracy Farms or Villages at Turtle Rock. If you currently live at The Village at Gracy Farms or Villages at Turtle Rock you can still enroll in the program and you will receive credit towards the months you have already lived there.
How much can I receive?
When you enroll in the Pacesetter Homes Live and Earn program, 20% of your base apartment rent at The Village at Gracy Farms or Villages at Turtle Rock will be calculated then applied as a non-monetary credit towards the purchase price of a new Pacesetter Home. The credit can-not exceed 3 percent of the purchase price of the new home.
How it works:
Call Pacesetter Homes Today For a FREE Qualification Analysis
Live and Earn is a non-cash credit program and does not represent a savings plan or rebate on rent paid. It represents a credit that can only be applied toward the purchase of a new home built by Pacesetter Homes. Tenant may utilize a real estate agent, however tenant assumes responsibility for payment to procure the services of a real estate agent should tenant choose to hire one. Pacesetter Homes will not pay a commission to ten-ant’s real estate agent should tenant elect to participate in the program. Resident will have up to 30 days from move out date to apply the Live and Earn credit towards the purchase of a new Pacesetter home. Resident must uphold standard terms and conditions of his/her lease. Live and Earn is subject to change at any time by Pacesetter Homes and may have variations of how the non-monetary credit can be applied. Pacesetter Homes reserves the right to cancel this program.