Below Market Rate (BMR) Home! One-Level condo in convenient location! This home is being sold under the City of Union City Affordable Home Buyer Program. It is subject to owner-occupancy and resale restrictions and the selected buyer will be required to sign a resale restriction agreement; To be eligible to purchase this home, households must meet the following minimum Household requirements: 1) Household size must be a minimum of 2 persons and a maximum of 5 persons. 2) All adult household members are 1st time homebuyers; 3) Max gross combined income of the household may not exceed $100,250 (2 persons), $105,200 (3p), $116,900 (4p), $126,250 (5p); 4) Must be legal resident; 5) Retained a real estate agent; 6) Min of 3% down payment; 7) Pre-approved for a primary mortgage; 8) Min credit score of 660; 9) Debt to income ratios must be 40% max (front-end), 45% max (back-end); 10) Preference will be given to eligible buyers who live or work in Union City. Open House 3/17 & 3/24 10AM - 12PM
Listing courtesy of Yvette Y.L. Teng from Re/Max Accord
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