How does the Stabilization Trust meet Neighborhood Stabilization Program discount guidelines?
The pricing of properties is an important issue for buyers as they seek the best price possible from financial institutions, while adhering to HUD Neighborhood Stabilization Program (NSP) guidelines. Through its programs, the Stabilization Trust has established a method to reconcile the fiduciary responsibilities of the financial institutions with the discount required by HUD, in a way that provides savings to all parties involved. The Stabilization Trust’s pricing methods incorporate the costs to the financial institution of holding property, the conditions of the local real estate market, and other factors.
Related Questions
- Who will administer the Homebuyer Assistance Program described in the Neighborhood Stabilization Program?
- Who will be reviewing the applications and deciding who gets Neighborhood Stabilization Program funds?
- How does the Stabilization Trust meet Neighborhood Stabilization Program discount guidelines?
