Special offer

Oakland County Homebuyer Program Available for Vacant Foreclosed Homes

By
Real Estate Agent with Real Estate One

 

 

 

 

 

Please contact us with any questions at the email address or phone number listed below.
  Oakland County Homebuyer Program Available for Vacant Foreclosed Homes


Funding for the Oakland County Home Buyer Program is provided by the U.S. Department of Housing and Urban Development's (HUD) Neighborhood Stabilization Program (NSP). This one-time $17.4 million emergency funding supplements the Community Development Block Grant (CDBG) program to purchase foreclosed homes at a discount, and rehabilitate or redevelop the homes to stabilize neighborhoods impacted by foreclosure and abandonment, and reverse the decline of neighborhood housing values.  

                                  Read the entire Press Release

It's a Great time to Buy...  

Homebuyers with incomes at or below 120% of Area Median Income (AMI) are eligible for assistance. For example, a family of four earning up to $83,900 per year is eligible under this program.

     The Program Information and Required Documentation

Contact Us   Kay Pearson,  kaypearson@maxbroock.com 
                  phone:  248-860-0366

                Robin Cutler,  robincutler@realestateone.com 
                phone:  248-240-5570

Jason Rose
123 ConEd LLC -- Michigan real estate continuing education - Farmington Hills, MI
www.123ConEd.com

Good morning, Robin and Kay. I had not heard about that program, so thank you for providing the information. It looks promising!

Feb 24, 2009 11:48 PM