Try before you buy: second-home edition.
Buying a first home — let alone a second — is stressful in normal times. And with rapidly rising interest rates and intense competition, now is anything but normal . Enter Summer. The startup, co-founded by former Airbnb employees Woods Buckley and Paul Kromidas, intends to make second home-ownership straightforward, low risk and generally pain free — or, in their words —helping someone to own a vacation home that pays for itself.
Buying a first home — let alone a second — is stressful in normal times. And with rapidly rising interest rates and intense competition, now is anything but normal . Enter Summer. The startup, co-founded by former Airbnb employees Woods Buckley and Paul Kromidas, intends to make second home-ownership straightforward, low risk and generally pain free — or, in their words —helping someone to own a vacation home that pays for itself.
As the prospective homeowner, you would have an exclusive option to buy this home at any point for up to three years. If you decide to purchase the home, we apply your initial payment and your monthly payments toward the purchase price of the home. If you decide it’s not for you, we will refund 100% of your initial payment and you’re free to go on your way.
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