PERFECT for the first time homebuyer or senior looking to downsize! This spacious 2 bedroom villa is located minutes from the Page extension tucked away in the back of the subdivision with loads of peace and quiet. Vaulted Ceilings with wood beams, large bay window in the dining room and double French doors in the kitchen leading to the patio, give this villa a bright and open feel. The kitchen is equipped with more than adequate cabinet space, a pantry, lots of counter space
and an overhang for bar stools. You'll love the spacious bedrooms and the wonderful large bath with sunken tub, separate shower and double vanity! Move right in - refrigerator, washer and dryer stay and the furnace and air conditioner are newer. Put your finishing touches to this one owner unit - never smoked or had a pet- Hurry it is priced to sell AND the seller is selling "as is" making no repairs.
See A Vitual Tour by clicking the link vu.realbiz360.com/Listing-166851.html
Showing posts with label MO Saint Peters. Show all posts
Showing posts with label MO Saint Peters. Show all posts
Monday, June 1, 2009
Thursday, May 28, 2009
Up to $14,999 Down Payment Assistance When Purchasing Foreclosed Property
New Program To Help Stabilize Missouri Neighborhoods
MHDC is offering a new product to help stabilize and rebuild the neighborhoods of Missouri hard hit by the housing downturn. The commission received $4.2 million from the Neighborhood Stabilization Program (NSP), which was part of the Housing and Economic Recovery Act of 2008. These funds are intended to be used for down payment and closing cost assistance for qualified buyers purchasing foreclosed property that will be used as the owner’s principal residence.
Qualified buyers may receive up to 20% of the purchase price (up to $14,999) to use for down payment and closing costs.
Buyer must use MHDC First Place Loan program for first mortgage.
NSP funds provided through a second mortgage with an interest rate of 0%, which is forgiven after five years of occupancy.
First-time and repeat buyers are eligible.
Purchase price must be discounted a minimum of 5% from the current appraised value. This must be determined by an appraisal completed within 60 days prior to making an offer on the property.
Borrower must receive eight hours of homeownership counseling from a HUD-certified counselor.
Borrower income limit is 120% of area median income, see Income & Price Limits.
Must be an owner-occupied, foreclosed property that has been without tenants for the last 12 months.
First-time homebuyers utilizing this program are also eligible to receive the $8,000 federal tax credit for first-time homebuyers if the home is purchased prior to December 1, 2009.
MHDC is offering a new product to help stabilize and rebuild the neighborhoods of Missouri hard hit by the housing downturn. The commission received $4.2 million from the Neighborhood Stabilization Program (NSP), which was part of the Housing and Economic Recovery Act of 2008. These funds are intended to be used for down payment and closing cost assistance for qualified buyers purchasing foreclosed property that will be used as the owner’s principal residence.
Qualified buyers may receive up to 20% of the purchase price (up to $14,999) to use for down payment and closing costs.
Buyer must use MHDC First Place Loan program for first mortgage.
NSP funds provided through a second mortgage with an interest rate of 0%, which is forgiven after five years of occupancy.
First-time and repeat buyers are eligible.
Purchase price must be discounted a minimum of 5% from the current appraised value. This must be determined by an appraisal completed within 60 days prior to making an offer on the property.
Borrower must receive eight hours of homeownership counseling from a HUD-certified counselor.
Borrower income limit is 120% of area median income, see Income & Price Limits.
Must be an owner-occupied, foreclosed property that has been without tenants for the last 12 months.
First-time homebuyers utilizing this program are also eligible to receive the $8,000 federal tax credit for first-time homebuyers if the home is purchased prior to December 1, 2009.
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