Incredible Kagel Canyon home located at 9950 Omelveny Ave, is a great starter home for today's first time buyers. This 2bd/1ba home of nearly 1,250 sq. ft. sits on a large corner lot of nearly 7,400 sq. ft. is listed for $180,500 and is eligible for up to $75,000 in down payment assistance.
As part of HUD's Neighborhood Stabilization Grant Program, the Los Angeles Housing Department (LAHD) is now offering their "Walk-In" down payment assistance program to eligible homebuyers who wish to purchase vacant, bank owned properties in NSP eligible areas.
Eligible buyers are those who do not currently own a home, whose household income meets the programs income guidelines and who plan to occupy the property as their primary residence.
Eligible borrowers can receive up to $75,000 in down payment assistance (depending on income and family size) as well as an additional $50,000 for homes requiring some additional repairs and/or rehabilitation. The loans are an interest deferred second mortgage with no payments due until the property is sold or refinance. 
Kagel Canyon is a wonderful neighborhood in the shadow of Placerita Canyon in the Angeles National Park. Placerita Canyon is not only host to their own Nature Center & Museum but they also have some of the most incredible walking trails and breathtaking views.
For more info on this incredible Kagel Canyon property, contact Mike Oyoque of Century 21 Excellence at 562.6951956. For more info on how you can qualify for the NSP down payment assistance to purchase this Kagel Canyon home, contact me, Donne Knudsen of Cobalt Financial Corp, at 805.5278554 or info@donne4loans.com.
Today's real estate market and lending environment can be really scary, which is why it's important to get as much information as possible before starting your search. Finding out more about affordable home loan options and getting pre-approved is an absolute must.
The pre-approval process is relatively simple so contact me today to get pre-approved for this incredible program and make this fantastic Kagel Canyon property your next home.
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