ALACHUA COUNTY, FL- The Alachua County Department of Growth Management is pleased to announce that purchase offers are now being accepted for a recently renovated 3 bedroom 2 bath home purchased through the Neighborhood Stabilization Program, (NSP). The home for sale by Alachua County is located at 12017 NW 164th Terrace, Alachua. Four other renovated homes, located in Gainesville and Hawthorne, will be made available for sale in the coming months.
This home is one of nine foreclosed homes acquired and renovated by Alachua County for resale to an eligible homebuyer. Perspective homebuyers must complete an approved home buyer’s education course and cannot currently own a home at the time of purchase. Low to moderate income buyers who meet program requirements may be eligible to buy an NSP home. For example, a family of 4 earning $73,560 may qualify to buy an NSP home.
Alachua County Housing Program Manager, Tom Webster described the home, “Built in 1979, this home features a brand new roof, soffit, and fascia, Energy Star appliances, windows, and doors; a new HVAC system, attic insulation, renovated bathrooms and new floor tile throughout the house. This home provides an excellent opportunity for a low to moderate income family to realize the dream of homeownership at an affordable price." He continued, "By making substantial home repairs and energy efficiency improvements, we are increasing the affordability of each home, by reducing maintenance costs and utility expenses. We need to make every effort to ensure that homebuyers can both afford to purchase as well as to maintain NSP homes.”
Alachua County was awarded NSP funding by the State of Florida Department of Community Affairs (DCA) to acquire and rehabilitate foreclosed single family homes within designated areas of the community. DCA recently invited Alachua County to apply for over $1,000,000 in additional NSP funding. Alachua County has agreed to submit an application for additional NSP funding.
Alachua County requires that all offers be submitted by a licensed Realtor to ensure the buyer’s interest is fully represented in the transaction. Buyer’s Realtor will be paid a 3.5% commission from the proceeds of the sale.
Click here to view/download a flyer describing this property.
Click here to visit the NSP website with information about the program and all homes being offered for re-sale.
Offers are now being accepted at the Alachua County Department of Growth Management (10 SW 2nd Avenue, Gainesville), and must be submitted by May 20, 2011, by a State of Florida licensed Realtor. Realtors interested in showing NSP homes and submitting offers may also contact Jenny Poole, Alachua County Housing Programs Coordinator at jopoole@alachuacounty.us.
For more information, contact Jenny Poole at 352-337-6283 or jopoole@alachuacounty.us.