Habitat for Humanity of Greater Los Angeles wants to make your dream of home ownership come true! Own this beautiful home for less than rent! Seller to help with closing costs. This newer, renovated 3 bed, 2.5 bath home is in the gated Planned Unit Development of Euclid Villas. Kitchens & baths are adorned with gorgeous cabinets, newer counters & tile floors. Large romantic master bedroom suite has private balcony, deluxe master bath & walk in closet. Fresh paint inside & out. Light & bright. High ceilings, hardwood floors. Clean & move in ready! 2 car garage. HOA dues only $70/month. Home Staging services generously provided by Stage to Sell & furnishings donated by Fashion Furniture & RE-Store. Only LOW INCOME, OWNER OCCUPANT buyers considered. Buyer selected upon completion of entire Habitat application. Buyer must complete 200 hours of Sweat Equity (volunteer time in classes & working on home under Habitat's guidance) prior to COE. Showing Instructions: Properties are alarmed and police will come! Please contact Edit@CaringRealty.com with DRE# to get alarm codes and showing instructions. Unrepresented Buyers are welcome to schedule showings by appointment only or by coming to open house. Please do not disturb occupants in the back home. UNIT CAN NOT BE RENTED. The fair market value is approximately $245K. Owner will carry a 0% soft 2nd loan for difference btwn list price & appraised value. No monthly payments required on 2nd loan. 2nd loan due upon sale or at end of 30 years whichever is sooner. Commission based on total sales price (including 1st & 2nd lien). Neighborhood Stabilization Program requirements apply. Eligibility Requirements:Must demonstrate need. Home buyers must be low-income, earning between 30-80% of area median income for Los Angeles County. View Income Eligibility Chart below. * Must have good credit (no recent bankruptcies, liens or judgments).* Must be willing to partner with HFH GLA by: 1) Comple 200 sweat equity hours, 2) Complete an 8-hour HUD-certified pre-purchase Home Buyer education workshop and an 8-hour Habitat Education Program, as well as additional courses through HFH GLA's comprehensive home ownership education program.* Must be able to make a small down payment.* Must be a citizen or permanent legal resident of the United States.* Must not have owned a home in the past three years. Income Eligibilty Chart Household Size Min. Income - Max Income1 $17,750 - $47,250 2 $20,250 - $54,000 3 $22,800 - $60,750 4 $25,300 - $67,4505 $27,350 - $72,8506 $29,350 - $78,2507 $31,400 - $83,6508 $33,400 - $89,050 IMPORTANT: The minimum and maximum annual income amounts listed vary per development and/or city. Please confirm eligibility requirements at Open House. Educational component is required by HUD and HFH GLA. Applicant(s) cannot open escrow until all sweat equity and education requirements have been fulfilledApplicants must submit all required documents and complete application. We will date and time stamp COMPLETE APPLICATION. COMPLETE APPLICATION CONSISTS OF HABITAT FOR HUMANITY VERIFYING BUYER(S) ELIGIBILITY, CREDIT AND HOMEOWNER'S ATTENDING ORIENTATION. If the applicant does not meet NSP guidelines, the next applicant will move up.Home must be the borrower's principal place of residence within 60 days of purchase, for at least 10 months out of each year and remain owner-occupied during the term of repayment, which is defined as a 30 year and one month term. Buyer may used their choice in lender, but must get qualified through lender or another pre-approved Habitat for Humanity of Greater Los Angles Lender after attending 1st seminar. EMAIL the agent for more information. If you are represented by an Agent, please have them contact Broker for information. Applications will be available on site at open house. Representative from Habitat for Humanity of Greater Los Angeles will be at open house to answer questions and take applications. Please email EditBenyi@yahoo.com to request Pre-Application.
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