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September 25, 2009

DuPage Program Offers Great Deal on Rehabbed Foreclosures

Dru

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.  

Visit www.dhoc.org to download an information package with all of the program details! 

Posted by Dru Bergman at 11:58:35 AM in Current Market, Foreclosure, Homeownership, Non-Profit Housing Assistance

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