Nsp – Neighborhood Stabilization Program Joleen Halloran Keller Williams Platinum V2

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NSP - Neighborhood Stabiliation Program in Kansas City, MO

NSP - Neighborhood Stabiliation Program in Kansas City, MO

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  • 1. NSP – Neighborhood Stabilization Program
    Kansas City, Mo
    Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com
  • 2. What is NSP?
    In response to the recent foreclosure crisis, the federal government is providing Kansas City, MO with $7.3 million through the Neighborhood Stabilization Program (NSP) to purchase and rehab vacant, foreclosed homes in the urban core and sell to eligible home buyers
    Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com
  • 3. NSP - Continued
    Five local developers will rehab these homes and guide qualified families through the process of finding and purchasing a home.
    Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com
  • 4. How do I get started?
    Call me! It’s that easy!
    I will explain the process in detail and together we will decide if you meet the criteria to get qualified.
    Then we go find your house!
    Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com
  • 5. What will I get?
    This program is an opportunity to pick a home out from an inventory of 100’s and work with developers to design a home.
    Your home will have new products, will be energy efficient and will be decorated with the latest colors and style for lighting, fixtures and products.
    Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com
  • 6. What else?
    You’ll get one the best possible homes that your qualified buyer dollar can by (updated and energy efficient)
    You’ll get down payment assistance up 20% of sale price, up to $20,000.
    If you are qualified for 1st time homebuyers tax credit or repeat buyers tax credit, you will still get that.
    You may be eligible for additional tax credits for energy efficiency if your home requires new windows, siding or furnace.
    Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com
  • 7. Where are these homes?
    Homes that are eligible are located all over the city. There are 8 target areas that have specific boundaries for eligibility.
    The eight areas include homes in the Central, South, South East, North, East, West, + couple of around 1-70 to 40 highway and 1-435 and Blue Ridge.
    Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com
  • 8. What do I do next
    Call me to get started –
    Joleen Halloran
    Keller Williams Platinum Partners
    816-305-4814
    joleenhalloran@kw.com
    JoleenHalloran.YourKWAgent.com
    Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com
  • 9. Eligibility Requirements for Buyer
    Buyer must be able to qualify for the loan (there are several great lenders associated with this program – several of them do not use FICO scores to determine loan eligibility)
    Buyer must be a US citizen, qualified alien or a non-immigrant
    Home must be your primary residence
    Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com
  • 10. Income Eligibility for Buyer
    Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com
  • 11. Eligible Homes
    Home must a detached single family home
    Home must be bank owned
    Home must be a foreclosure
    Must be located in target census tracts
    Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com
  • 12. Let get started on getting you your dream home today!
    Joleen Halloran - 816-305-4814 - joleenhalloran@kw.com - JoleenHalloran.YourKWAgent.com