| Foreclosed Homes - Riverside County First Time Buyer Assistance Program |
| Foreclosure management for financial institutions and investors. List REO properties. Loss mitigation and asset management for sale in Riverside and San Bernardino County, California. California real estate listing REO property. |
| Who We Are Mission Grove Realty, Inc. , a California Real Estate Corporation, offers real estate industry lenders, financial institutions and investors efficient and strategic disposition of real estate assets (REO properties). We specialize in the marketing and liquidation of single family homes and multi-family residences. Our service areas include Riverside and San Bernardino Counties of Southern California. |
| (951) 927-8940 |
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For first-time home buyers who meet program income limits, the first step is to
contact us for a referral to a qualified and approved lender. The lender will
take a loan application and pre-qualify you for a loan and the Neighborhood
Stabilization Homeownership Program . The lender will also determine the
maximum loan amount you can afford.
contact us for a referral to a qualified and approved lender. The lender will
take a loan application and pre-qualify you for a loan and the Neighborhood
Stabilization Homeownership Program . The lender will also determine the
maximum loan amount you can afford.
| The Riverside County Economic Development Agency offers the Neighborhood Stabilization Homeownership Program. The Program is available to anyone who has not owned a home in the last three years, have an annual income that is within program limits, and is purchasing a foreclosed home in one of Riverside Counties qualifying areas. The Program provides down-payment assistance as a silent second loan in the amount of twenty percent (20%) of the purchase price of the home. The first loan must be a standard, fully amortized, fixed rate; thirty-year mortgage. |
Riverside County Neighborhood Stabilization Program
How Do I Qualify?
Program Income Limits
This can be the most frustrating part of your purchase. Banks who are
offering foreclosures for sale are not required to accept your offer or,
participate in the program. A knowledgeable real estate agent who is active in
the foreclosed property market can guide you through the process and help
to simplify the process. There is much competition in the market and how your
offer is presented makes all the difference. Contact Mission Grove Realty to
find out if the Program is right for you.
offering foreclosures for sale are not required to accept your offer or,
participate in the program. A knowledgeable real estate agent who is active in
the foreclosed property market can guide you through the process and help
to simplify the process. There is much competition in the market and how your
offer is presented makes all the difference. Contact Mission Grove Realty to
find out if the Program is right for you.
How Do I Buy a Bank Owned Property Using the Program?
Qualifying Areas
First Time Buyer - Neighborhood Stabilization Program Documents
Program Information
Advisement to Seller Letter
Intent to Purchase Letter
| (951) 927-8940 |
You must have Adobe to view these required documents. In addition to completing the qualification
process, your agent must utilize the required forms and present them at the proper time in order to be
successful in completing the down payment assistance programs. There are other programs available from
the County of Riverside and certain cities wihin the County so, contact us today for more information.
process, your agent must utilize the required forms and present them at the proper time in order to be
successful in completing the down payment assistance programs. There are other programs available from
the County of Riverside and certain cities wihin the County so, contact us today for more information.