When I first read that the new Terminus condos in Buckhead were offering buyer incentives, I almost skipped the article. The idea of reading about another condo complex offering $5,000 in upgrades seemed redundant to me. Since I live two blocks from the Buckhead buildings and have always been impressed with Cousins Properties, I decided to read the article.
What they have decided to offer, for their upscale Buckhead condos, is unprecedented in the Atlanta condo market.
- Guaranteeing the value of the condos for the first three years. Buyers can walk away, during that timeframe, without any damage to their credit.
- Offering financing at 4% with only 5% down.
- Allow somebody who needs to sell a home, and puts 20% down on their Terminus condo, to live in the condo without payments for a year.
Cousins is responsible for some of Atlanta’s top condominium projects and commercial buildings. Obviously Cousins is confident in the future of Terminus as they are taking on a great deal of risk with these incentives. If you would like to hear more about their incentives or want to see some of the units at Terminus, please call me.
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