Residential Property: Single level condo - 2 Bedrooms and 1 Baths Subdivision: Oak Grove Association Fees: $300.00 per month County Affordable Housing - Subject to Income and Resale Guidelines Country style living in a single level condo nestled near the foothills. Very quiet area with many hiking trails to explore. MTD route 8 is located nearby for a quick transportation to downtown. The community park is located nearby for family entertainment that includes an enclosed basketball court. End unit with creek side setting. Light & bright inside, private patio off living room. Housing Income and Price Guidelines: Maximum Allowable Sales Price for 2012 is: $237,500 This property has Income and Resale Guidelines by the County of Santa Barbara These are just some of the guidelines: Owner occupied only May not rent out the property Reside or work in the County for at least 6 months prior to applying You cannot have owned another property within the last 3 years Cannot have a co-signer No adjustable or interest only loans Fixed rate only No 2nd Trust Deeds Need at least 5% down of your own money; may allow gift for additional down payment up to 5% Pre-approval letter from an acceptable local lender is required Currently, applicants must: Fall below the Income Limit for Upper-Moderate income category. Have a Minimum occupancy of 2 household members and a maximum occupancy of 5 household members for a 2 bedroom unit. Two-person household the maximum income the buyer of this property can make is $70,350 per year Three-person household the maximum income would be $79,150 per year Four-person household the maximum income would be $87,950 per year Five-person household the maximum income would be $95,000 per year This information is subject to approval and change by the County of Santa Barbara. There are more restrictions that I can go over with you. Do you fall within these guidelines? Appointment with Listing Agent to see this property Assist-2-Sell will write the offer for the Buyers at no charge to Buyer or Seller Call to see how this benefits for you. Living: 15 x 12 Dining: 9 x 8 Kitchen: 9 x 6 Master bedroom: 13 x 13 Bedroom: 12 x 10 Patio area: 12 x 8 (storage closet) New Water Heater Nice views of green belt New roofs Covered parking
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