This home was just renovated with new front and back decks, new roof, new kitchen and bathroom, new windows and exterior doors, new flooring and paint throughout. Home has an appraised market value (excluding the land) of$208, 000,but is being sold$33, 000below market value to income qualified buyers. Additional down payment assistance of$15, 000available through the Greater Minnesota Housing Fund to qualified buyers based on need, which could lower the mortgage amount to$160, 000.Buyers gross annual income cannot exceed the following (household size in parenthesis): $50, 600 (1); $57, 800 (2); $65, 050 (3); $72, 250 (4); $78, 050 (5); $83, 850 (6) $89, 600 (7) $95, 400 (8).
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