All Tiny Houses are for purchase. For this we have the following payment options:
Phased payment plan
You purchase the Tiny House of your choice which will be constructed by HoomStreet and installed accordingly at the Green Community of choice. A 50% down payment is required, 40% before shipping/relocation, 10% upon delivery of the Tiny House.
Hire purchase
The home is hired with intention to purchase. This option is a form of investment for the hirer who makes relatively more profit with an investment property than would be the case when renting a home. The hire-purchase option enables you to buy a house that you are already renting, so that it really becomes your property. We offer this option so that you can eventually buy your dream home which the bank would not provide full mortgage-financing for. With hire-purchase you become the owner of the house immediately after the last instalment is paid.
This plan has two options and is only applicable to those located in St. Maarten and in Aruba. The hire-purchase options are:
- Fast Plan – this option includes a stalling fee based on the occupied surface m2/ sq.ft, and a 60% down payment while the rest 40% is paid in instalments. For administration costs a 0.5% is applied until the last instalment is paid in full.
- Gradual Plan – this option includes a stalling fee based on the occupied surface m2/ sq.ft, and a 30% down payment while the rest 70% is paid in instalments. For administration costs a 0.5% is applied until the last instalment is paid in full.
More info can be retrieved at the Terms and Conditions.