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What is a "Waitlist"?

If the floorplans now available doesn't meet your needs, you might want to consider getting on our waitlist for a particular floorplan, level, or direction you would like your home to be located within our building. For only $200, you can get your name on our waitlist for any unit of your choice and that fee goes towards the purchase of your new home if a sale actually occurs. This fee is completely refundable if you decide a move isn't in store at that time, life changes for you, or you just have changed your mind.

The advantages of being on a waitlist...

We would contact you when a unit of your choice would become available. At that time you are given the opportunity to buy that share/unit before it is offered to others (with the exception to current members). If you decide you are not ready to move into a unit when one is available when your name comes up on the list, you could decline and your name will be placed back on the list for the next time a unit becomes available that fits your specifications. Cooperatives highly recommend a waitlist as it keeps the costs to a minimum for both the selling and prospective members by not having to involve a realtor to sell the share/unit. In most circumstances, a waitlist turnaround can be reasonably quick and simple to make nearly any floorplan your next new home!

Call Summerhill if you have questions!

 

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