[holymoly]

Options for Homes is an interesting outfit. I went to one of their presentations and bought a condominium, but changed my mind and pulled out during the cooling-off period.

If I remember correctly, they make ownership more affordable like this: They offer all purchasers a loan toward the down payment. It's interest-free until you sell or decide to pay off the loan. At that point, the interest is determined: it's equal to the percentage your unit has risen in value -- so if you sell for 10% higher than you bought at, Options gets 10% on their loan. (I'm pretty sure you pay zero interest if the unit value hasn't risen.) They discourage renting out your unit; if you do rent it out, you have to give Options a percentage of the profit.