Clearview Gardens
Below is Information for Prospective Buyers
Pet Policy:
- No Dogs Permitted
- One Cat Per Apartment
Fees/Restrictions:
- Application Fee $500 Per Application
- Additional $100 Fee for Credit Check/Criminal Check Per Person.
- Payable by check or money order Non Refundable
Size Restrictions:
- 3.5 Room- 3 People Max
- 4.5 Room- 4 People Max
- 5 Room- 5 people
- 5.5 Room 6 People Max
Income Requirements
- Incoming Shareholders must meet the following minimum income requirements.
- Proof of Income is Required
Cash Purchase:
- 3.5 Room $33,000
- 4.5 Room $40,700
- 5 Room $42,900
- 5.5 Room $46,200
***** Prospective Buyers who do not meet income minimums as outlined above can provide documentation of available assets to supplement the minimum income requirements. Ten Percent (10%) of all cash of cash equivalents will be counted as income after the down payment of purchase price (if cash deal) is deducted. In addition you may apply 10% of the net proceeds of the sale of your house. Net proceeds is defined as the sale price minus any mortgage balance as well as any amount being used to purchase the Clearview apartment.
Mortgage Loans: Prosepective Buyers intending to finance the apartments.
****Must Add 12 months of mortgage payments to the minimum income. Requirements Listed Above. The minimum incomes listed above are Clearview’s Requirements Only. Bank Requirements Vary. At this time, you may use the bank of your choice. A mortgage loan takes approximately six to eight weeks. Clearview will permit financing up to 75% of the total purchase price. (This includes closing fees)
Base Maintenance Charges:
Base Carrying Charges
- 3.5 Rooms $654.89
- 4.5 Rooms $768.13
- 5 Rooms $811.61
- 5.5 Rooms $857.99
*****These are the base carrying charges and DO NOT include charges for: Garage, Parking Spots, Washing Machines, Dishwashers, Dryers, Freezers, and Air Conditioning
Please include any charges that apply to you with your carrying charges
- Washing Machine $5
- Dishwasher $6
- Living Room AC $20
- Unheated Garage $32
- Commercial Parking $82.69
- Gas Dryer $5
- Bedroom AC $12.50
- Heated Garage $41
- Spot $15
- Freezer $7
Resale Information
- 3.5 Room Apartment $4000
- 4.5 Room Apartment $5000
- 5 Room Apartment $6000
- 5.5 Room $7000