Frequently Asked Questions
1
Where is Beville Greens located?
Beville Greens is located in the Near Eastside neighborhood of Indianapolis mid-block between Washington and New York Streets.
2
When will homes be available?
Phase II and III are under construction. Phase II is slated to be completed early fall and these two homes are available to reserve now.
Contact us today to find out more information, to schedule a tour in late September, and to talk details.
3
Are there any financial incentives?
Yes! Buyers of phase 1 are eligible for:
Community Mortgage Program
• Up to 100% loan-to-value (LTV) on purchases
• Up to 90% LTV on rate/term refinances
• Conventional financing with no Private Mortgage Insurance (PMI) required
• Fixed interest rate and low down payment options
Neighbors First Credit
The Neighbors First Credit is $5,000 home buyers can use for closing costs and to prepay for costs that may come with a new home, including mortgage, flood and hazard insurance,
escrow deposit, real estate taxes, and per diem interest.
4
What makes Beville Greens different than other homes?
We believe beautifully designed, environmentally conscious, community forward homes should be available to everyone. We've taken care to ensure these units are priced appropriately while not compromising on what people want in a home.
5
What is the ownership structure?
Each resident will have complete ownership of their home and the private garden space adjacent. The communal space and rear parking will be collectively owned by the community of Beville Greens.