Green 3 Homes, a charitable nonprofit corporation - 501(c)3 - builds near-zero carbon emission, starter homes for individuals/families who may have had a challenge qualifying for a home mortgage in the past. A final applicant who is selected to successfully rent one of our properties for 3 years (and utilize its energy-savings), will be offered the home for purchase. . . below fair market value (FMV).

 

Most of us have thought about and/or applied to own our very own home. Sometimes a person’s debt, lack of a down payment, etc. hinder that process. We give our renters a 3-year “window” - while they rent from us -  to utilize the energy savings (approx. $4,000-5,000+/yr.) from the home in order to improve their chance of qualifying for a mortgage later. Three (3) years of your saved heating & electric costs, in Charlevoix County, would be approx. $15,000.   So, the goal of Green 3 Homes is to offer renters a process & the tools they need to give themselves a financial “leg-up” during their 3 rental years. . . before we offer them the home for purchase.

 

Would you love this truly unique Renters-Become-Buyers opportunity? Though we have a limited number of starter homes available throughout the year, please contact us at any time, using the form below. We will add you to our waiting list and keep you updated.