This net-zero* Vermod manufactured home sits in Locust Hill Park in Putney. The park is within walking distance of downtown Putney and is situated close to Landmark College. By being outside of the village center, the park has immediate access to rural landscapes. The home is a two bedroom, one bath, and full kitchen. A sweet backyard includes a patio and a garden shed. The entryway is sheltered and attached to a covered carport. 

*Vermod utilizes solar, state of the art insulation, cold-climate heat pumps, and efficient fixtures and appliances to eliminate energy costs for residents.

Market Price: $163,000
Rolled Over Down Payment Assistance: $43,500
Total Price for Eligible Buyer*: $119,500

Monthly lot rent: $338/month
Annual Property taxes: $1,848
Buyers are encouraged to save $5,000 to cover closing costs

The total price is the market price minus the grant. Home sold as is & seller is motivated to close. Home must be principal place of residence. 

Have you taken Homebuyer Education Course? This gets you on your best foot forward into homeownership- consider enrolling today. Already done this? Great! Find details on eligibility criteria and what information to gather for a successful application. Contact your homeownership specialist to get started! 

The following are all required in order to apply for the purchase of this home:

• Completion of Homebuyer Education & 1:1 counseling
  • If you completed homebuyer education outside of WWHT you will need to provide a Homebuyer Education Certificate that was issued within the past 36 months.
• Soft credit pull (within 30 days of application date)
• Property specific mortgage pre-approval letter for at least
• Income verification:
  • Copies of most recent paystubs for one month. This applies to all of the household members 18 years and older.
  • Verification of all other source of income includes; Social Security Benefit Verification Letter, SSDI Benefit Verification Letter, Award Letter for Child Care support or alimony, and any other source of income which you may receive.
  • Complete copies of your most recent Federal Income tax return with all attached schedules.
  • If you are self-employed, you must submit your individual tax return including Schedule C.
• Copies of one months of bank statements for all checking and savings account(s).

Eligibility & Selection Criteria:

Applications will be reviewed on a rolling basis and the first applicant that submits a complete application and meets the priority selection criteria will be selected as the buyer. In the event of a tie, buyer with the lowest Area Median Income level will be selected. Selected buyer will need to apply for park approval which will include a criminal background check, credit check and national sex offender registry check.

Interested buyers who do not meet the priority selection criteria are still welcome to apply, however we will prioritize applicants who do meet the criteria to qualify for the full down payment assistance available.

 Eligibility Criteria:

• Completed Homebuyer Education & 1:1 Counseling
• Submits complete application & supporting documents
• Able to pass a criminal background & sex offender registry check for park approval

Priority Selection Criteria to qualify for down payment assistance:

• Income level is at or below 100% Area Median Income (see table below)
• Meets debt to income ratio preferences
  • Total Housing payment (including mortgage, taxes, homeowners insurance and lot rent) is at or below 33% of pre-tax monthly income
  • Total debts including new housing payment are at or below 42% of pre-tax monthly income
• Buyer must be able to contribute at least $2,500 from savings purchase of home
• Buyer does not have liquid (non-retirement) assets exceeding $40,000