Stop paying your landlord’s mortgage, you could own for less than you’re paying for rent.

Today’s market conditions have presented the best home buying opportunities in decades. Currently there are numerous housing and down payment assistance programs offered by Dane County and the City of Madison to assist you in buying your new home (check out our home buyers resources page).

With the stimulus plan passed this year there is also an $8,000 tax credit available for first time homebuyers. A tax credit is equivalent to money in your hand, as opposed to a tax deduction, which only reduces your taxable income, but act soon this tax credit will end December 1, 2009.

Petra Living is the proud development company of Petra Place Condominiums, the highest quality and most affordable condominiums in Madison. Petra Living heavily invested into this project with extensive renovations to the units, buildings, and campus. “We took the opportunity to invest in a neighborhood trending up with great redevelopment potential and improve the community.” Based on market research these condominiums offer the best features and offer the biggest dollar for dollar value in Madison.

The level of pride in our condominiums can be seen in the shear amount of work that went into renovations and the quality of the finished product. Nothing went untouched when remodeling and upgrading to all the most modern amenities. The condominium campus expands an entire cul-de-sac, known as Petra Place, providing peaceful green space with ample yards in a safe quiet community.

The only other feature that competes with the value these beautiful condominiums offer, is the location of Petra Living’s Condominiums. A mere three miles from Capital Square and UW Campus, Petra Place is located off Fish Hatchery Road, near the Beltline (HWY 12/18). With Downtown just a short ride away and easy Beltline access, the best Madison has to offer is just a few convenient minutes away.