14250 Mariana, Poway
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Description:
Lowest price 2br, 1ba. Great condition. Vaulted ceilings, spacious backyard patio area with new fence. Private location and feels like a detached unit. Ready for move in without any fuss or repairs. Offered through City of Poway's SHOP program. Need qualified low income buyer. Please see attached document for SHOP guidelines. Excellent opportunity to own your own home at an affordable price! See Supp.
Supplemental Remarks:
Buyers must be a qualified first time buyer and occupy home throughout ownership. Buyer must meet income guidelines based on household size for low income. 1 person household: $36,717-$46,250. 2 person hh: $41,930-$52,900. 3 person hh: $47,180-$59,500. 4 person hh: $52,430-$66,100. Buyer will carry a silent second (SHOP loan) for the amount of the appraisal minus $160,000 sale price. SHOP loan is 0% interest and No payments on SHOP loan for 45 years and is assumable to next buyer. Future sale price based on change in area median income versus market value. Complete guidelines available upon accepted agreement.







