The NSP Program was devised to help stabilize areas that were hit by the foreclosure crisis. Funding for the program is part of the Federal Government's Stimulus Package enacted in order to help revive the economy during the past recession. Mandalay Communities, a subdivision of Mandalay Homes, has partnered with the City of Phoenix to help rehabilitate these homes into stable foundations with energy efficient features and enhanced curb appeal.
GET A NEWLY REMODELED HOME, PLUS $15,000 INTEREST-FREE, NO MONTHLY PAYMENT LOAN
The Move-In Ready Program consists of a $15,000 loan to assist with down payment and closing costs to purchase the "Move-In Ready" home. This interest-free, no monthly payment loan from the city is forgivable and declines over a 15-year timeframe. If the owner sells the home, refinances or no longer occupies the residence prior to 15 years, the remaining balance will be due.
Buyers who chose this option enjoy the benefits of living in established areas of the city of Phoenix. To find out if you are eligible to participate in this program, view the link:
Approx. Sq ft
|Plan 1||$169,900||1,657||3||2||Plan 1 Info|
|Plan 2||$179,900||1,809||3||2||Plan 2 Info|
|Plan 3||$189,900||1,990||4||2||Plan 3 Info|
Office (602) 327-3124
Sales by Sales by For Sale Realty
and Designated Broker David Tucci.