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HOMES FOR SALE FEATURED LISTINGS COMMUNITIES MEET THE TEAM NEW LISTING ALERT 15 SECOND APPRAISAL SCHOOL INFORMATION HOME BUYING SELLING A HOME FREE REPORTS FORMS HOME FINANCE FINANCING TERMS TODAY'S RATES TESTIMONIALS LOCAL NEWS MOVIE TIMES COMMUNITIES Jupiter Jupiter Inlet Colony Jupiter Island Admirals Cove Tequesta River Front Abacoa Ballen Isles Evergrene Juno Beach Jonathan's Landing Jupiter Hills Mirasol Ritz Carlton PGA National Singer Island Frenchman's Reserve BUYING A HOME HOME SEARCH NEW HOMES FEATURED LISTINGS OPEN HOUSES NEW LISTING ALERT THE BUYING PROCESS HOME LOAN PROCESS FINANCE CENTER FIRST TIME HOME BUYING HOW TO HIRE AN AGENT HOW TO HIRE AN INSPECTOR INSPECTION CHECKLIST NEGOTIATING AS A BUYER TAX BENEFITS HOME BUYING BUY AS AN INVESTOR BUYERS RESOURCE CENTER DOWN PAYMENT ASSISTANCE BUYING RETIREMENT HOME BUYING FIXER UPPER 2ND HOME BUYER BUILD OWN HOME TYPICAL FAMILY BUYER SINGLE BUYER VACATION HOME BUYER HOME MOLD INSPECTION REMODELING HOME INSURANCE SELLING A HOME WHY USE US WHAT IS MY HOME WORTH? WHAT WILL MY HOME SELL FOR? WHICH AGENT IS BEST SELLING YOURSELF SETTING THE PRICE HOME STAGING SELLING PROCESS NEGOTIATING AS A SELLER TAX IMPLICATIONS 1031 TAX EXCHANGE SELLERS RESOURCE CENTER SELLER ASSISTED BUYING HOME LOAN CENTER LOAN PROCESS TYPES OF LOANS TYPES OF LENDERS 0 DOWN VA VET LOANS FHA HUD COP NEXT DOOR NURSE-DOCTOR HOME LOANS TEACHER HOME LOANS MILITARY HOME LOANS SINGLE PARENTS STATE SPONSORED GIFTING PROGRAM POOR CREDIT RAISE CREDIT SCORE ESCROW CREATIVE FINANCING     STATE SPONSORED HOMEBUYER ASSISTANCE/REHABILITATION PROGRAM Homeownership is a dream for most Americans, regardless of their income level. That s why HOME offers down payment, closing cost and rehabilitation assistance to low-income homebuyers who make the purchased home their principal residence and rehabilitate it according to IHDA and HUD standards. Before receiving HOME assistance, prospective homebuyers must take part in homeownership counseling to ensure they understand budgeting and personal financial management, home mainte nance, the mortgage loan process, legal documents and obligations associated with buying a home, and work-out options they have with mortgage lenders in case financial problems arise. SPONSORING AGENCIES Local governments, non-profit organ izations and C ommunity H ousing D evelopment O rganizations (CHDO s more information is in the Community Housing Development Organizations section) may all take part in homebuyer assistance and rehabilitation activities. For-profit groups are not eligible. Homeowners should apply for HOME assistance through sponsoring agencies funded by IHDA, not directly through the Authority or via the Single Family Program Department. ELIGIBLE PROPERTIES Houses selected by sponsoring agencies may be one-unit properties, condomini ums or manufactured housing (mobile homes are ineligible). They may be val ued at no more than HUD s area limits, and in the case of acquisition and reha bilitation, must be free from any health or safety defect before occupancy. RESALE PROVISIONS Assistance to homebuyers is provided in the form of deferred, forgivable loans at 0 percent interest. The use of HOME funds carries certain restrictions on the use of the purchased property, as well as upon any proceeds realized from the sale of the home if the sale occurs with in certain time frames. If the homeown er moves out or sells the home before this time period has expired, all or a por tion of the HOME funds must be repaid by the homeowner. For more information, contact HOME at (312) 836-5200.