Buyer Success Story
This Freddie Mac NSI First Look property was purchased by NCST community partner, Hogar Hispano Incorporated (HHI), a national nonprofit housing developer that aims to create opportunities for low-to-moderate-income individuals and families of color to achieve economic stability through affordable housing development.
Built in 1987, this three bedroom, two bath home with just under 1,800 square feet underwent $59,000 in renovations. HHI completed a gut rehab of the kitchen adding all new shaker style cabinets, new appliances and granite countertops. The interior rehab also included all new bathrooms with updated cabinets, bathtubs, and toilets. The entire home was also outfitted with all new laminate wood flooring. HHI added new doors on the interior and exterior of the home along with updated painting throughout. On the exterior of the home, a new AC was installed and the swimming pool area was resurfaced.
This beautifully renovated home was sold to new homebuyers that income qualified between 80%-100% of the area median income. The new homebuyers also received homebuyer counseling from UnidosUS. This home was sold under forty days from the time it was listed on MLS and provided a great affordable housing opportunity for this family. At the time of closing, HHI provided seller credits equal to just over $5,500.
This home is located in Hernando County and is close to schools and shopping. The neighborhood is also close to one of Central Florida’s outdoor attractions, Weeki Wachee Springs State Park which offers 200 acres of natural attractions, a waterpark with an underwater theater for entertainment.