| ______ ___AFFORDABLE HOUSING BULLETIN BOARD |
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A cooperative endeavor of the Summit Association of Realtors
and the Summit Combined Housing Authority (SCHA) to aid
buyers and sellers of certain deed-restricted units selling their
home.
• The seller of a deed-restricted unit signs a written listing
agreement for a 90 day period with SCHA and agrees to pay
SCHA a 2% FEE at closing if a buyer signs the purchase
contract during the 90 day listing period.
• If the property is not under contract during the 90 day
listing period, the seller agrees to list the property with a realtor
participating in this program under a new listing agreement.
SERVICES TO BUYERS (When sold by SCHA)
• Potential buyers must take the Homebuyer Class.
• Potential buyers are screened by the SCHA staff as to
what deed-restricted units they might qualify for.
• SCHA provides a transaction coordinator after the
contract has been signed; this person facilitates the
transaction, handles title insurance, coordinates with the
lenders, arranges for an inspection
For further information, please contact
Joanne Van Steenberghe at (970) 423-7044
email: JoanneVS@summithousing.us
and the Summit Combined Housing Authority (SCHA) to aid
buyers and sellers of certain deed-restricted units selling their
home.
• The seller of a deed-restricted unit signs a written listing
agreement for a 90 day period with SCHA and agrees to pay
SCHA a 2% FEE at closing if a buyer signs the purchase
contract during the 90 day listing period.
• If the property is not under contract during the 90 day
listing period, the seller agrees to list the property with a realtor
participating in this program under a new listing agreement.
SERVICES TO BUYERS (When sold by SCHA)
• Potential buyers must take the Homebuyer Class.
• Potential buyers are screened by the SCHA staff as to
what deed-restricted units they might qualify for.
• SCHA provides a transaction coordinator after the
contract has been signed; this person facilitates the
transaction, handles title insurance, coordinates with the
lenders, arranges for an inspection
For further information, please contact
Joanne Van Steenberghe at (970) 423-7044
email: JoanneVS@summithousing.us
| HOUSING AUTHORITY |
| USEFUL SITES |
Funding Partners for
Housing Solutions
Making attainable housing
happen in Colorado
Colorado Housing and
Finance Authority (CHFA)
where people live and
work throughout Colorado
Summit Association of
Realtors
CARHOF
Housing Solutions
Making attainable housing
happen in Colorado
Colorado Housing and
Finance Authority (CHFA)
where people live and
work throughout Colorado
Summit Association of
Realtors
CARHOF