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1534 Alma Sw St Atlanta, Georgia 30311 MLS# 7514659
This home is an ANDP (Atlanta Neighborhood Development Partnership) funded renovation. Net cost to buyer can be below $200K - if you qualify for multiple down payment assistance programs. ANDP will allow buyer to stack these programs. ANDP is offering $20k in down payment assistance to qualified buyers. Qualifying buyers can realize UP TO $45K IN DOWNPAYMENT ASSISTANCE through Invest Atlanta, AHA, and other DPA programs. Total household income cannot exceed 120% of Area Median Income (AMI). Income limits are set at: 1 PERSON $90,300, 2 PERSON $103,200, 3 PERSON 116,100, 4 PERSON $129,000, 5 PERSON $139,350. Buyer(s) cannot own a home at time of offer and must make their purchased home theirprimary place of residence for their family. Buyer(s) shall provide a direct contribution of at least $1,000 towards this transaction. Thisincludes a minimum of $500.00 in earnest money and may also include the cost of the requiredappraisal and home buyer inspection. Seller will provide a termite bond. Seller will provide a homebuyer warranty not to exceed $525.00 ***If a veteran household, seller will provide a grant of $7,500.00 towards closing costs. ALSO REQUIRED DOCS WITH YOUR OFFER. **OFFERS NOT ACCEPTED WITHOUT THE FOLLOWING DOCUMENTS: Completed ANDP Homebuyer Information Sheet Homebuyer pre-approval letter. The following income documentation for all members of the household over the age of 18: o Two months of pay stubs. o Two most recent years of tax returns. o An affidavit for any household member over the age of 18 that does not have an income source. ** If a veteran household, a copy of the veteran family member’s DD-214 must be provided.
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