There’s Money Out There, Buyers! Here’s One Way to Buy an Affordable Home!
March 1st, 2009 Categories: Minneapolis Home Buyers and Sellers, North Minneapolis, Real Estate News, That Flippin' House
My client, Jennifer the Flipper, just closed on a very special home in North Minneapolis this past week. This was 3306 James Avenue North, the first home to be had that was once owned by the infamous TJ Waconia thugs.
Jennifer did a beautiful job on this home and it received a purchase agreement on just it’s second showing to a potential buyer.
Now, that’s awesome, Jennifer!
Here are some pictures of the inside and a link to previous posts and to Johnny Northside’s blog who also has taken the time to write about this great home.
The cool part about this sale was that it is going to be owner occupied, not left in the hands of another slum lord only to trash up the Folwell Neighborhood. This owner got some great incentives and grant money to be used as a down payment. Here’s the skinny:
Folwell Neighborhood Grant Funding: $4,000
City of Lakes Community Land Trust Funding: $21,000
Hennepin County Affordable Housing Incentive Fund: $30,000
Folks, that’s a whopping $55,000 in grants and funding!
[…] for a few, my client, Jennifer, aka, Flipper Girl, makes dreams come true. Now, I’m not a Pollyanna-type blog writer and, trust me, Jennifer […]