10440 Arcade Ln, Whittier, CA 90603

Property Description

NOTE: UNIT SOLD AT MARKET PRICE OF $479,000 with a large silent second from the Whittier Housing Authority. The affordable price is $282,700.Remodeled condo at The Gables Community of E. Whittier. 2 bed/2.5 bath, open floor concept, bamboo flrng, granite countertops, tile floor, pullout shelving kitchen & laundry cabinets, tile in 2nd bath will be placed b4 close of escrow, new A/C, Nest Thermostat Ctrl, vinyl blinds, Unit under WHITTIER AFFORDABLE HOME OWNERSHIP PROGRAM (AHOP)AHOP program provides deferred loans to moderate-income first-time home buyers to purchase a condominium in Whittier. Homes purchased under the Program have specific resale restrictions that intend to maintain the affordable units for a minimum of 45 years. Applicants to self qualify. This step will help to ensure we receive Interest Forms ONLY from qualified applicants. 1) Thoroughly read through the attached AHOP Rules and Regulations to determine if an applicant household meets the seven eligibility criteria listed in Sec. 2. The applicant must pay particular attention to their gross total household income and first time homebuyer status as there is absolutely no flexibility in those criteria. 2) If and only an applicants find their household eligible, submit a completed interest form (blank form is attached) and pay stubs to the selling agent and Whittier Housing Authority. Applicants subsequently submit full documentation to the first mortgage lender to determine eligibility and pre-approval.