NEW CONSTRUCTION! This 1200 sq. ft. 3 bedroom, 2 bathroom home is a highly efficient 2x6 stick built home. Enjoy a master bath, main floor laundry, eat-in kitchen with stainless steel appliances and an attached two car garage. Full basement is ready to be finished with room for a family room, 4th and 5th bedrooms, and a 3rd bath. The purchase agreement will be for $245,000 with a $232,500 first mortgage to seller and a $12,500 soft second mortgage assumed at closing. The second mortgage is at 0% without payments and is forgiven at $2500 per year over 5 years to a full grant. To qualify for $12,500, purchasers must: (1) Make $53,800 or less for (1 person); $61,450 (2 person); $69,150 (3 person); $74,080 (4 or more). (2) Have net worth of less than $125,000 or $105,000 in liquid assets for 61 or under (3) Have net worth of less than $250,000 or $140,000 in liquid assets for applicants 62 or older. After three years, home may be sold to anyone. 403 S 3rd Street is also available.
Beresford EsElementary School
Beresford MsMiddle School
Beresford HsHigh School
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor KW shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Updated: 28th September, 2023 9:57 PM (UTC)