Do you own a home in Lake Havasu? Do you struggle to make ends meet each month? Does your property need repairs due to safety concerns but you cannot afford to make them? The City of Lake Havasu wants to help. So, they created the Community Development Block Grant (CDBG) Program for low-income Havasu homeowners.

Help for Low-Income Havasu Homeowners Available Now
What is the Community Development Block Grant (CDBG) Program?
The CDBG program provides funds to Havasu homeowners to complete health and safety-related repairs to their properties. Applicants must meet certain income requirements and other conditions in order to qualify. These repairs include things like weatherizing, replacing an old air conditioning unit, or making repairs/replacing an old roof.
CDBG Requirements
All Havasu homeowners who meet the following requirements may be added to the current waiting list:

Household income must fall below guidelines (see below).
Property exists inside the Lake Havasu City li ...

Sunstone Realty Professionals, Coldwell Banker Residential Brokerage, Lake Havasu City, AZ

Originally posted on my Lake Havasu real estate blog here: http://www.sunstonerp.com/lake-havasu-market-report-jan-2021/.

Purchasing a property for first-time homebuyer can sometimes feel a bit overwhelming. First, you need a good REALTOR® to represent you. Then, you must make sure your financials are in order. That includes your downpayment. If you find your funds a little short, consider utilizing the downpayment assistance program Home Plus Arizona to make your home purchase a little easier.

Home Plus Downpayment Assistance Program
What is Home Plus Arizona?
The Arizona IDA oversees the non-profit Home Plus Arizona program. Buyers may qualify for up to 5% of the home's purchase price to fund either their downpayment, closing costs, or both if needed. Of course, certain restrictions apply for this downpayment assistance program. And the amount available to the buyer(s) depends on the sale price of the home in question as well as the creditworthiness and income level of the buyer.
How Does Home Plus Work?
First, a buyer/buyers must qualify for a 30-year fixed-rate Home Plus Loan. That means co ...

All across the country, businesses have closed due to the pandemic and industries across the board have suffered a loss to some degree (except for delivery services, online retailers, and the like). Yet, of all those industries that were affected, the real estate market has continued to thrive - or at least experienced very little troubles.


If you’re a believer in resolutions and one of your 2021 New Year's resolutions was to save up to buy a house, you’re going to want to pay attention to the real estate predictions highlighted in HomeLight's 2020 Q4 survey - you’ll be glad you did!


1. Not enough houses to meet demand


There’s no shortage of qualified buyers looking to buy a house, unfortunately, 84% of real estate agents who participated in the survey say inventory is much lower than they expected. This is alarming because buyers are going to be chomping at the bit when they find a house they like. They’ll be eager to make offers above aski ...

Sunstone Realty Professionals, Coldwell Banker Residential Brokerage, Lake Havasu City, AZ

Originally posted on our Lake Havasu real estate blog here: http://www.sunstonerp.com/lake-havasu-market-report-dec-2020/.