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Homes for Resale

NSP-Assisted Homes

NSP-assisted homes are vacant foreclosed single family homes in target areas in the City and County that were rehabilitated under the Sacramento Vacant Properties Program and are now ready for sale to a qualified homebuyer.

Mortgage payments shown are based on FHA financing with a 3.5% down payment, using a range of interest rates.  The payments include principal, interest, taxes and insurance (mortgage insurance and homeowner’s insurance).  Monthly payment amounts are estimates only since interest rates and terms are subject to change and are not guaranteed.  All loans are subject to underwriting and loan qualifications of the lender.

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Inclusionary/Affordable Homes

Inclusionary/affordable homes are located in subdivisions subject to the provisions of the City/County ordinance.  The homes are for sale by their owner and are offered at an affordable price to a qualified homebuyer.
 
Mortgage payments shown are based on 95% financing and include principal, interest, taxes, insurance (PITI) and Mello Roos assessments and HOA dues as applicable.  Monthly payments shown are for a 30 year conventional first mortgage, using a range of interest rates.  The payment amounts are estimates only since interest rates and terms are subject to change and are not guaranteed.  All loans are subject to underwriting and loan qualifications of the lender.

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