Options For Homes

After many years of planning, Options For Homes is coming to Orillia.  Options For Homes has helped thousand of Canadians become home owners and you're invited to learn how they might be able to help you too.

Options for Homes is a non-profit company that strives to bring home ownership within the reach of families with incomes as low as $40,000.  How is it done? 

House prices are kept low by employing simple, no-frills designs and avoiding excessive marketing campaigns. Volunteers do the initial planning and the entire project involves a not for profit mentality to keep the cost of the home low.  

Buyers unable to secure sufficent conventional financing can access a second mortgage through a sister organization, the non-profit Home Ownership Alternatives.  The morgage can be used to finance the difference between the building cost and the appraised value of the home.  What's very helpful in this second mortgage concept is that owners do not pay the principle or interest on the second mortgage while living in the home, instead repaying the amount owing when the house is sold.  This enables families to finally have an option to get into home ownership through a working plan they can afford.

If you are interested in becoming a home owner, Options For Homes would like the opportunity to tell you about the homes they are hoping to build in Orillia. These homes will be designed by James Fryett Architect Inc. and are currently planned for a 2.3 acre property in west Orillia, between Bass Lake Sideroad and Highway 12.  This location is close to shopping and is on a bus route.

The meeting planned is to get your input in the project.  Basically, what would you like to see in your future home? Share your ideas and learn about the opportunities for home ownership.

Thursday, October 13th, 2011
7:00 – 8:30 pm
St. Paul’s United Church, Room 333
62 Peter Street North, Orillia

*Child Care Available
*Refreshments Provided

Please come and join the conversation!

Please contact Johanna at jhashim@shs-inc.ca if you are interested in participating in this focus group. Please let us know if you require any specific arrangements or accommodations to ensure full access to this event.

If you would like to learn more about Options for Homes, please visit http://www.optionsforhomes.ca/