Wednesday, May 12, 2010

Get $15,000 To Buy A Home in the City of Phoenix

Your Window to Homeownership


 
The federally funded Neighborhood Stabilization Program (NSP) enables eligible applicants to realize homeownership in Phoenix by providing monetary incentives to assist with down payment, closing costs and home improvement.

 
The three NSP assistance programs are:
  1.  Homeownership Assistance (purchasing foreclosed homes anywhere within the city of Phoenix limits)
  2. Home Improvement Program (purchasing foreclosed homes needing repair in specific Phoenix ZIP codes)
  3. Move-In Ready (purchasing newly rehabilitated, foreclosed homes in specific Phoenix ZIP codes).
Each of the NSP programs provides the following:
  • a three-year home warranty policy
  • friendly guidance throughout the process
  • assurance that the buyer is ready for successful homeownership 
Phoenix has a large inventory of eligible, foreclosed properties to choose from, offering close proximity to amenities, jobs and public transportation, while living in established neighborhoods.

 

 You may be eligible for one of these helpful NSP programs, if you:

  • Do not currently own any real estate
  • Will occupy the home as your primary residence
  • Earn within the program’s income requirements, which are less restricted than you may think. For example, a family of four can make $79,100 and still qualify for the program.

Achieve your dream of homeownership by pursuing one of the three NSP programs without delay. Given the current affordability of resale homes in Phoenix, the time to buy is now!

 
Call today to learn more at 602-262-6602 or by e-mail at nsphome@phoenix.gov.

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