HOT 26TH DENVER, CO 80238

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Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

***Part of Denver's Affordable Housing Program*** Wonderful opportunity to own this beautiful 3 BR, 1.5 BA townhome within the Central Park neighborhood! Step inside the foyer proceed upstairs to the main living area, where the high ceilings south facing windows fill your living room with warm natural light. Relax enjoy the view of the park snow-capped evergreen trees from the covered patio/balcony. Moving thru the kitchen dining area the wood plank luxury vinyl tiles will glisten the head chef will appreciate plenty of countertop space, cabinets a dedicated pantry. Just off the kitchen is a powder bath extra storage/linen closet. The primary bedroom includes a walk-in closet w/private entrance to the full bath. Convenient closet for a stackable washer/dryer two secondary BRs perfect for family or guests. Detached 1-Car Garage. Central-AC. Easy access to bus and light rail. Walk to the grocery store, local restaurants, or enjoy the pool community rec centers. HOA includes trash, water, snow removal, landscaping pool/rec center. Lender should be familiar with the income qualifications restrictions: BUYERS must have a minimum household income of at or above 50% AMI depending on household size cannot make more than 80% of the AMI. Household size: 1-person income must be: $41,050-->$62,600; 2-persons: $46,900-->$71,550; 3-persons: $52,750-->$80,500; 4-persons: $58,600-->89,400; The total housing payment (principal, interest, taxes, insurance, and HOA dues) may not exceed 35% of the total household income. Income verified buyers may not own any other residential real estate property at the time of purchase or during the length of ownership of this affordable home. This home must be occupied by income verified buyers as their sole, primary residence. Buyers should consult the website at https://www.denvergov.org/Government/Agencies-Departments- Offices/Department-of-Housing-Stability for information on down payment closing cost assistance.

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