Great home looking for a forever owner. 2 bed 1 bath. Come see this one. This home is owned by Ogden City Corporation. We use HUD grant funds to buy and revitalize homes. All our homes are reconditioned and then offered back for sale to a Low to Moderate Owner Occupied buyer(s)/applicant(s). The buyer/applicant can purchase one of the homes we revitalize using the Home Sweet Ogden application. They would then combine that with the Own in Ogden program to receive $10,000.00+/- in grant money. Those funds can be used for down payment assistance and/or closing costs. This program has income and occupancy requirements. This is a really nice program designed to help make homes affordable. Summary of the current Own in Ogden Program: • Loans can be used for down payment, closing costs, or principal reduction toward the first mortgage loan balance. • Income guidelines apply. • Borrower(s) must provide $500 of his/her own money toward the purchase. • Persons purchasing their primary residence in Ogden could receive up to a $10,000 loan. • Ogden City sworn Police Officers, Ogden City Firefighters, and full-time, state-certified K-12 classroom teachers or administrators in schools which serve Ogden City students could receive up to $15,000 or $20,000 loan when buying their primary residence within Ogden city limits. • Zero percent interest, deferred-payment loan that is repaid in full in the event of sale or if the borrower discontinues property as primary residence. Square footage is a courtesy estimate from the Weber County Recorder's Office. Buyer to verify exact measurements. You can use these links for up-to-date information. https://ogdencity.com/257/Programs This shows all programs Ogden City offers. https://ogdencity.com/259/Own-in-Ogden This is the $10,000.00 grant program. Download the most current income and occupancy standards, underwriting guidelines and application from here. https://ogdencity.com/497/Homes-for-Sale This shows homes that Ogden City offers for purchase. Contact our offices at Ogden City Corporation to submit the proper paperwork i.e.: REPC, Lender Prequalification letter and Program Application. Ogden City Corporation will cooperate with a Buyer Agent Commission. If multiple offers are received, Ogden City will go to a Lottery/Hat draw to determine the applicant. Thereafter, first come, first served. Buyers must be owner-occupants and cannot exceed the 80% Area Median Income as established by HUD. Home is sold AS-IS and no additional work will be done. If appraised value exceeds the $318,250 maximum purchase limit for our program, the transaction will be cancelled with no penalty to the seller. This home must close simultaneously with another transaction. If you have questions, contact us before writing your offer. This home cannot be sold to an Investor.
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