Buying a Foreclosed Home Just Got Easier
The DIY Renovation Program allows the Land Bank to proactively acquire and sell foreclosures and other abandoned, tax-delinquent homes with reuse potential. The program is a vehicle for local communities to work with citizens and rehabbers to restore safety and vitality to neighborhoods. It also helps to stabilize property values by transforming distressed properties into affordable homes.
Find Foreclosures on the Land Bank’s Property Listing
If you’re a citizen or investor…
The DIY Renovation Program gives you the opportunity to acquire a home at an outstanding value and then rehab it for sale, lease or occupancy. The Land Bank makes it easy. View available Lank Bank Property by clicking on the tax foreclosure listings online. Does one catch your eye? Conact the Land Bank office to schedule a showing! To make an offer on a Land Bank property simply read over the DIY Application Package and submit your application.The deed is held in escrow by the Land Bank until renovations are complete.
To buy a DIY Renovation property, you must…
- Demonstrate the ability and resources to renovate it
- Have a clean track record as a property owner
- Commit, under a legal agreement, to bring it up code and make other improvements required by the Land Bank.
If you represent a local government…
DIY Renovation gives a helping hand in your efforts to restore the safety, security and quality of life in your community’s neighborhoods. The program is a catalyst for revitalizing neighborhoods and stabilizing property values because it makes investment a viable option for distressed, tax-delinquent structures.
Interested in learning more? Contact us for more information.
Ready to get started? Download the application from our website.