Get up to $28,000 to purchase a bank owned home in Warren, MI

The City of Warren, Michigan is offering up to $28,000 through the Neighborhood Stabilization Program (NSP) to provide downpayment and rehabilitation assistance (DRA program) to home buyers purchasing and repairing vacant bank owned homes to occupy as their primary residence, and this is on top of the first time homebuyer credit. There are about 20 spots left for homebuyers. If you are considering purchasing a home in Warren and not presently working with a Real Estate Agent contact us ASAP before the spots are filled. The assistance is forgiven after 15 years in the home. Some geographical limitations apply and the income limits are
Household Size                        Maximum Household Income
1                                             $59,640
2                                            $68,160
3                                            $76,680
4                                            $85,200
5                                            $92,040
6                                            $98,880
7                                            $105,600
8                                            $112,440