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Photo: communityhometrust.org
Community Home Trust - 247 Oak Summit Pl
247 Oak Summit Pl, Chapel Hill, NC 27516
Home for saleFirst come
3-bedroom townhome for sale in Chapel Hill, NC, for applicants under 80% of area median income; buyer net price is $238,000.
Cost
Area median income is the middle income in the area: half of households earn more, and half earn less.
| Size | Homes | Price | Income level |
|---|---|---|---|
| 3 bedrooms | 1 | $238,000–$298,000 | Up to 80% of the area's median income |
Other costs
Estimated monthly cost: $2,002 (loan payment $1,504, property tax $263, insurance $75, use fee $15, stewardship fee $100, homeowners association $45).The monthly cost could be as low as $1,685 with extra subsidy.Down payment help may be available; gift funds up to $10,000 may be used.
Deadline
When to apply
Any time, until the home is taken.
Who can apply
Open to
People who be approved through the Home Buying Program.
Other rules from the listing
Area median income is the middle income in the area: half of households earn more, and half earn less.
- Reserved for applicants under 80% of area median income.
How to apply
Documents you'll need
- Three months of pay stubs
- Three months of bank statements for all accounts
- Your most recent W-2 form
- Three years of tax returns
What happens next
- 1Attend an information session.
- 2Request an available home once approved.
Contact
Contact person
Rachel Cone
Details
Run by
Good to know
In the Summit at Homestead community.Available, open until sold.
Source
Listing on communityhometrust.org ↗Confirm the details with the building or office before you apply.
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