Debbie was a single mother of three boys and
currently renting a house in Urbana.
Her kids were approaching their teenage
years and she felt very behind in regards to
financially planning for their college
expenses. She knew the first step to
becoming financially sound was to stop
renting and purchase a house.
Debbie worked as the Produce Department
manager at a local supermarket. She made a
decent salary and she felt that she could
afford a mortgage payment. However, she knew
that it would take her a longer than an
ideal amount of time to save for a down
payment. And she didn't qualify for any
down-payment assistance programs due to the
fact that her annual salary was too high.
Just before she felt she was out of options,
she turned to Schwaps for her Real
Estate Solution. We assessed Debbie's
assets. And what Debbie didn't realize was
that the Harley Davidson she owned, but
never rode could serve as her down payment
via Schwaps. So, Schwaps accepted the V-Rod
Harley and was able to sell her a 3
bedroom/2 bathroom house on Springfield
Avenue.
The purchase of Debbie's house was a good
beginning for her financial health. The
mortgage payments just slightly exceeded her
previous rent payments. Debbie was
grateful that she used Schwaps' services and
that we where willing to create a
flexible Champaign Living Solution for her.
* The
story above is just one example of the many
ways Schwaps may serve your Real Estate
Needs |