Michigan Cichlid Association
General Category => General Discussion => Topic started by: JeffroM on February 20, 2012, 11:01:27 PM
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Oakland county has a 'Neighborhood Stabilization Program'. Basically they will loan you 49% of the value of the home you purchase with terms being interest free and no payments, simply pay the loan when you sell the house.
You can't currently own a house.
You need to meet income requirements.
It has to be a foreclosed house that is purchasing and in select neighborhoods.
If your interested here is the link to more information:
http://www.oakgov.com/chi/cdbg/homebuyer_program.html
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Interesting idea...