When you can live in West Chandler for $122,455 and have 3 bdrs, loft, fireplace, large kitchen, covered patio, and a large yard you know you have to see it as soon as possible. Ask about the new state funded 22% buyer purchase assistance program. Call Pete Today!! 480-812-9200 or 1-800-318-8330. PIN #716 IMPORTANT: only a limited amount of funds available!! QUALIFICATIONS Eligibility for the purchase assistance is based on a variety of factors The household must have a gross income (the total income before taxes, health care costs, social security, etc.) of no greater than 120 percent of the average median income for the county they want to purchase a foreclosed house in. The table below will help determinr if your household qualifies. HOUSEHOLD SIZE 1 2 3 4 5 6 7 8+ MARICOPA COUNTY $55,350 OR LESS $63,250 OR LESS $71,150 OR LESS $79,100 OR LESS $85,400 OR LESS $91,750 OR LESS $98,050 OR LESS $104,400 OR LESS PIMA COUNTY $48,300 OR LESS $55,200 OR LESS $62,100 OR LESS $69,000 OR LESS $74,500 OR LESS $80,050 OR LESS $85,550 OR LESS $91,100 OR LESS If you own a residence, you must be leasing your primary residence at least 12 months before applying for the program. You must use a lender from ADOH and Security Mortgage Corporations participating lender list. You must attend and complete an eight-hour Homebuyer Education Class provided by one of the ADOH participating homebuyer counseling agencies. (A list will be provided by your lender once you begin the process.) The property you purchase must be your primary residence. Maximum debt-to-income ratio is 31/43. Call today to find out if you are eligible 480-221-1332 ELIGIBLE PROPERTIES Foreclosed properties only. One unit detached single family homes, condos and town homes that all must be vacant at time of listing. ADOH LOAN TERMS 22 percent of purchase price All loans are forgivable after a period of time based on the amount of the loan. All loans are zero percent interest with no monthly payment DOWN PAYMENT REQUIREMENT A minimum of 3 percent of the property purchase is price required as down payment. One percent must come from the borrower's own funds. Two percent can come from another approved source. HOME PURCHASE PRICE LIMITS The maximum purchase price varies by county, minus 1% for program required disc
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