City to hold spring homeownership fair April 28 at the Italian Conference Center

Written by admin   // April 26, 2012   // 0 Comments

City of Milwaukee will hold a Spring Homeownership FairSaturday, April 28th, from 8 a.m. to 12 p.m. at the Italian Conference Center, 631 E. Chicago Street.
The Spring Homeownership Fair will offer some great homes for sale by the City of Milwaukee for as little as $5,000.
In addition residents can learn about hundreds of Bank-owned and City-owned modestly priced foreclosed properties that are currently available for sale – from “fixer-uppers” to fully renovated homes.
Tours of a number of open houses from 9:30 a.m. to 1:30 p.m.
The list of open houses/addresses will be provided at the event only.
Own for less than renting – monthly loan payments may be as little as $400 for a renovated home.
The City of Milwaukee, Lenders, Realtors and Homeownership Counseling Agencies will be available to answer all of your questions.
Find out if you qualify for a forgivable loan of up to $30,000 toward the purchase/rehabilitation of a foreclosed property.
If you have not prequalified for a mortgage, meet with available lenders to review your options.
Attend workshops and learn how to purchase from realtors, lenders counseling agencies and City representatives (9:00 a.m. and 11:00 a.m.).
Some properties will be available on a first come, first serve basis to prequalified homebuyers. Get a head start on prequalifying before the event!
If you would like to learn in advance if you qualify for a mortgage loan, please visit one of our member banks at www.takerootmilwaukee.org and click on “about take root and then participants” to make an appointment with one of our trusted partners.
If you have already prequalified for a mortgage loan and would like to learn about City of Milwaukee forgivable loan funds, visit www.takerootmilwaukee.org and click on “buying a home, then buying a foreclosure” for information on NSP Funding eligibility.
Visit a home buying counseling agency who can help navigate you through the homebuying process and fulfill your homebuyer counseling requirement needed to receive the City’s forgivable loan funds.

 


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