DuPage Program Offers Great Deal on Rehabbed Foreclosures
DuPage County has received a $5.2 million federal grant to rehab foreclosed homes and bring them back to productive use. Under the new Neighborhood Stabilization Program (NSP), the County will purchase bank-owned properties, fix them up, and sell them to home buyers.
NSP offers an attractive financing package that includes a zero-interest deferred second mortgage provided by DuPage County. This special financing can help boost your purchasing power.
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