This is a Neighborhood Stabilization Program property & as such has income restrictions and other restrictions/requirements. See below for details. Total Household income may not exceed 120% of the Area Median Income. Income limits under broker remarks. Purchaser must attend 8 hours of HUD approved Homeownership classes once offer is accepted & before closing. Property must be owner occupied. Seller 2 approve the terms and conditions of purchasers loan. GVR HAS A TRANSFER FEE OF 1/2% OF 1% OF PURCHASE PRICE THAT BUYER PAYS AT CLOSING TO THE TOWN CENTER METROPOLITAN DISTRICT. THERE ARE NO FURTHER HOA DUES. SELLER WILL NOT PAY ANY CLOSING COSTS OR CONCESSIONS. DUE TO THE PROGRAM YOU MAY NOT INCREASE THE SALES PRICE TO COVER CLOSING COSTS, NOR CAN THE SELLER ACCEPT MORE THAN THE ASKING PRICE. ADDITIONAL DISCLOSURES IN 'SUPPLEMENTS' AND MUST BE SUBMITTED WITH ALL OFFERS. INCOMPLETE OFFERS WILL NOT BE SUBMITTED. *SELLER TO VERIFY SCHOOLS FOR THE AREA, AS THERE ARE MANY CHOICES*
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