For many, owning a home remains a vital part of the American Dream, but it can also be one of the best ways to build long-term household wealth by taking the leap from renting to homeownership! Our newest and recently Grand Opened community named Eighteen Riviera located in Fairlawn, Ohio offers the unique opportunity to buy more and build wealth faster with the benefit of a 15 year 85% tax abatement. Coupled with historically low rates available right now, there’s never been a better time to make your move. Why rent when you can own? Start owning not renting the place you call home!
Why Buy NOW at EIGHTEEN RIVIERA
Lock in a historically low interest rate-
Beat any chance of interest rates increasing by locking in your rate, because when rates rise, they affect your monthly payments and overall purchasing power. With current lowest in history rates, your payments could be equal to, if not lower, than your rent!
Start building equity now-
Real estate may be one of the smartest investments a person can make. You can’t build equity while renting but you can in your own home.
Fixed P&I payment-
Your monthly rent almost always increases when your lease is renewed. With a fixed-rate mortgage, the fixed principal and interest payments never go up.
Unique 15-year 85% tax abatement-
This rare find of a special tax abatement means your property taxes will be less than $1000.00 per year and equates to a $75,000 savings over the term of the abatement. This means that your purchase price instantly includes $75,000 in built in equity if you stay in the property for 15 years. Consult our sales professionals for more information.
Your rent payment is not tax deductible. The interest portion of your mortgage payment could be deductible. Consult your tax advisor for additional information.
Live in your dream home today, not tomorrow-
Waiting for the absolute best time to build canhave you waiting for years – and every day you wait is another day you’re not living in your dream home. Get moving today and start reaping the benefits that come with homeownership.
Why Buy NEW at EIGHTEEN RIVIERA
You and your family deserve a fresh, never before lived in home-
Our flexible new home designs showcase modern layouts for the way today’s families live and are built with efficient products and features that can add to a home’s long-term health and sustainability.
Advanced technology & design-
Retrofitting an older home to include some of today’s technology can be costly and time consuming. Wiring, appliances and windows are just a few features that have greatly improved. Buy new and take advantage of current technology and design.
Reassurance & everything’s completely new-
Enjoy the amazing new home feel and greater peace of mind thanks to the warranties that are included with your new home.
Build your dream-
When you purchase someone else’s home, you’re purchasing someone else’s vision and decorating taste. Make your home reflect you and your taste and lifestyle.
When you purchase someone else’s home, you may find someone else’s problems. A new home will not require you to deal with the prior damage or maintenance issues that you may encounter with an older home.
As an established three-decade strong local leading builder, Petros Homeshas perfected the process to improve the home buying experience. Financing through our preferred lenders, knowledgeable New Home Consultants and our exclusive professional design and selection center staff, we are always available to answer your questions. Flexible and versatile plan designs, popular Included standard features and now new ways to tour our models and communities it’s never been easier and safer to make the transition from renter to homeowner.