If you think you can’t afford one of the luxurious Charlotte homes because of your income level, you may want to reconsider your options. The City of Charlotte has designed an assistance program for homebuyers in their Neighborhood & Business Services division called “HouseCharlotte”. The program provides financial assistance that can be used for a down payment, paying down points, closing costs and to even pay off up to $3000 in medical collections that you may have acquired.
You could qualify for up to $10,000, depending upon the neighborhood for which you are applying. The eligible homes are located in areas that are predetermined by the HouseCharlotte website and it is called a Neighborhood Statistical Area (NSA). Some of the areas include Villa Heights, Wilmore, Belmont, Wesley Heights and North Charlotte, along with many other neighborhoods.
An excellent example of a qualifying 3 bedroom home in Villa Heights with 2 full baths is located on Parkwood Avenue. It is a newer home with an open floor plan with wall-to-wall carpet, central air conditioning, insulated windows and it includes all appliances. There is also an option on this beautiful home for a full home warranty. The list price for this ranch style home is a mere $124,999. This could be a perfect first time home that would qualify for the Downpayment Assistance Program.
Applying for the assistance is fairly easy; simply find your desired home and make sure that it qualifies for the assistance program, first of all. Once you have determined that it does qualify, you will need to fill out an application form. Most of the real estate agents have access to these papers, but if you would like to print them at home, it is also available on the HouseCharlotte website. Talk to Katie Gray about the possibilities of obtaining the down payment assistance to purchase your new Charlotte home.
For more information on the homes listed above, contact Katie at 704-560-9699 or email katie@katiegrayhomes.com.
Tags: Charlotte, Charlotte Homes, Charlotte NC, Downpayment Assistance Program, HouseCharlotte
