Example home
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Example home
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$ 730,000

1119 E Paseo Way

Phoenix, AZ

4 Beds 4 Baths

3594 feet²



Offering $10,000 concession to the buyer towards closing costs! The seller is highly motivated, and time is of the essence! Pre-lisitng inspection completed and available to any buy that requests. This property presents an exceptional opportunity in the area, creating a win-win situation for all par...


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Lower costs

When you buy the home, Cedar buys the land, lowering the initial cost

Smaller Mortgage

Mortgage debt is expensive. The less you have, the better off you are.

Flexible structure

Use Cedar to adjust your down payment and monthly payments as you need

Buy the land anytime

Buy the land later if you choose.


Location


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Estimated
Your Contribution
$365,000
$730,000
Estimated
Your Monthly
3,637/mo.
4,499

Listing Price
$730,000

Cedar's Contribution
$365,000

Your downpayment
$18,250

%

$


Mortgage Amount
$346,750

Monthly Payment with
Cedar
$3,637/mo.
 
$4,499
Cedar Ground Rent
$1,445/mo.
Mortgage Payment
$2,192/mo.

Over the next 15 years, you could save nearly...
$ 155,160




How it Works


1

Find a home you love

Explore freely knowing that using Cedar can significantly reduce your mortgage, down payment, and closing costs.

2

Buy with Cedar

Start the pre-approval process with a Cedar preferred lender

Submit an offer

You buy the home and Cedar pays cash upfront for the land

3

Enjoy it as long as you want

Pay ground rent to Cedar at a much lower rate than a mortgage for the land would cost

Enjoy full use of the home

4

Sell it (or don't)

Sell the home or the whole property whenever you want

Purchase the land from Cedar whenever you want


FAQ


What is Cedar's leasehold model?
How does Cedar help my mortgage approval?
Can I buy the land later?
What happens if I want to sell?
What are the tax benefits?
Is my ground rent stable?
Estimated
Your Contribution
$365,000
$730,000
Estimated
Your Monthly
3,637/mo.
4,499

Listing Price
$730,000

Cedar's Contribution
$365,000

Your downpayment
$18,250

%

$


Mortgage Amount
$346,750

Monthly Payment with
Cedar
$3,637/mo.
 
$4,499
Cedar Ground Rent
$1,445/mo.
Mortgage Payment
$2,192/mo.

Over the next 15 years, you could save nearly...
$ 155,160