New Website Provides Alternative Way for Evansville-Newburgh Indiana Families to Purchase Homes

Online, January 6, 2012 (Newswire.com) - Contract-to-own specialists, SH Properties announces the launch of new website, offering alternative financing to families in need in Evansville-Newburgh areas. SH Properties Principal, Sabino Humbane, initially started offering contract-to-own homes as a means of building his family's retirement fund. However, recognizing a great need among families for non-traditional financing options, it has quickly also become something of a mission to serve.

"Some families will have a decent down payment amount available, but still won't qualify for traditional mortgages," says Humbane. "Others may've had a temporary setback, or they may pay predominantly with cash, making it hard for them to reflect the lengthy credit history some lenders require. With the U.S. Department of Labor reporting an end-of-year 9.0% Indiana unemployment rate, and an overall unemployment rate of 8.6% for the collective United States, the need to purchase on contract could be the result of the previous year's economic conditions," says Humbane.

SH Properties has successfully contracted several homes with families in the area already according to Humbane, with a 3 bedroom/1.5 bath property currently available on Evansville's east side, near Evansville Day School. If a family is seeking a home near certain schools or in a particular area, it may take a little longer to locate something ideal to fit those needs. SH Properties maintains a waiting list of pre-qualified buyers to ensure that, when something appropriate becomes available, it can be matched to a waiting family.

What makes SH Properties unique is that, having the waiting buyer available to view the home prior to purchase enables that buyer to have input on how their eventual residence will be customized. "It really helps the family make the home their own when they can go through and select paint colors, fixtures and other taste-specific items as if they were buying a brand-new home," shares Humbane.

SH Properties also offers alternative financing for lease-to-own automobiles, up to $80k. Interested contract buyers can fill out a pre-qualification form at www.SHpropertiesIN.com, or email [email protected] for more information.