This is a HUD program administered by a local non-profit community development agency, Del Norte Neighborhood Development Corp. Del Norte acquires HUD homes that have been foreclosed, refurbishes them and re-sells them to owner occupants meeting certain income guidelines. In some cases, there are no income restrictions and anyone may purchase these homes.
These homes are often sold below market and offer a wonderful alternative to homebuyers seeking good quality homes that have been evaluated and updated so that they are in move-in condition, usually with all new appliances and carpeting. No short sales or dealing with bank owned properties where the seller is not interested or able to negotiate a quick deal or to remedy minor or major physical flaws in the home.
For more information and a list of currently available homes click here.
BUYERS AND REAL ESTATE BROKERS -- Click links for IMPORTANT INFORMATION regarding contract language and the required ADDENDUM A and ADDENDUM B required to be submitted with all contracts.