Homes-By-Holmes Real Estate
19 Main Street
Franklinton, NC 27525
919.422.7630
NACA
NACA, Neighborhood Assistance Corporation of America, is a non-profit community advocacy and HUD certified counseling agency. NACA has been in the forefront of fighting discriminatory and predatory lending for over 20 years. NACA provides the most affordable mortgage solution for both homebuyers and homeowners.
NACA is your best option, for any of the following:
Homeowner - Make an unaffordable mortgage payment affordable
Homebuyer - Access NACA's Best in America Mortgage
Advocates - Participate in NACA's aggressive advocacy campaigns
NACA is your best option, for any of the following:
Homeowner - Make an unaffordable mortgage payment affordable
Homebuyer - Access NACA's Best in America Mortgage
Advocates - Participate in NACA's aggressive advocacy campaigns The NACA purchase program provides the best mortgage in America and a comprehensive counseling process all FREE for NACA Members. We take the time to work with you every step of the way, to ensure that you find a home you want at a price that you can afford. If you follow these steps, you will become a homeowner. The more preparation you do, the sooner you will be able to purchase your home
The NACA Property Rehab Program is crucial in NACA fulfilling its mission of stabilizing neighborhoods. NACA ensures affordable and long lasting homeownership by working to have all potential identifiable current and future repair items fixed by the seller or immediately upon purchase. This prevents future problems for the homeowners and has a dramatic impact on communities where existing homeowners and future buyers are encouraged to invest when dilapidated properties are renovated. This is achieved by addressing of items needing repairs and the ability to include such repair costs as part of the mortgage.
Renovating properties to stabilize communities
The NACA Property Rehab program, called the Home and Neighborhood Development (“HAND”) department, works to ensure that NACA homeowners will have properties that do not require significant repairs for a number of years. The HAND department is also essential in providing Members with the opportunity to purchase homes in need of substantial renovation. These properties are often only available to investors who purchase them at below market prices, making cosmetic repairs and flipping them to working people at inflated prices. Now NACA Members can purchase these homes without paying an inflated price to an investor.
Addressing Repair Items
Repairs crucial to the integrity of your home, such as replacing outdated heating systems, upgrading electrical, and repairs to the structure due to termite damage, can be addressed through the HAND program. Generally, these items are identified in your Home Inspection Report. HAND enables you to complete the necessary renovations or rehabilitation before moving into your new home. The purchase price and cost of the rehab work are rolled into one mortgage with one monthly payment at the same below market interest rate. The amount of your rehab loan is dependent on the amount of the mortgage you can afford or are qualified for in addition to the property’s as-improved appraised value.
No payments during renovation
In order to make significant renovations where it is not possible to live in the property, it is often not possible to pay both the rent and mortgage payments. Under the HAND program, making major renovations are possible and encouraged, since you would not have to make a mortgage payment for a period of up to six (6) months and your monthly payments would not increase. The deferred payments would be added to your loan and your interest rate permanently reduced by 3/8%; that way your monthly mortgage payment will not increase. This is a tremendous benefit which is not available elsewhere.
Rehab process
NACA’s HAND Department provides assistance thorough the renovation process. Though you remain ultimately responsible for all aspects of the renovation, HAND can assist you with the rehab process by identifying contactors, identifying needed repairs and processing payments.
The NACA Property Rehab Program is crucial in NACA fulfilling its mission of stabilizing neighborhoods. NACA ensures affordable and long lasting homeownership by working to have all potential identifiable current and future repair items fixed by the seller or immediately upon purchase. This prevents future problems for the homeowners and has a dramatic impact on communities where existing homeowners and future buyers are encouraged to invest when dilapidated properties are renovated. This is achieved by addressing of items needing repairs and the ability to include such repair costs as part of the mortgage.
Renovating properties to stabilize communities
The NACA Property Rehab program, called the Home and Neighborhood Development (“HAND”) department, works to ensure that NACA homeowners will have properties that do not require significant repairs for a number of years. The HAND department is also essential in providing Members with the opportunity to purchase homes in need of substantial renovation. These properties are often only available to investors who purchase them at below market prices, making cosmetic repairs and flipping them to working people at inflated prices. Now NACA Members can purchase these homes without paying an inflated price to an investor.
Addressing Repair Items
Repairs crucial to the integrity of your home, such as replacing outdated heating systems, upgrading electrical, and repairs to the structure due to termite damage, can be addressed through the HAND program. Generally, these items are identified in your Home Inspection Report. HAND enables you to complete the necessary renovations or rehabilitation before moving into your new home. The purchase price and cost of the rehab work are rolled into one mortgage with one monthly payment at the same below market interest rate. The amount of your rehab loan is dependent on the amount of the mortgage you can afford or are qualified for in addition to the property’s as-improved appraised value.
No payments during renovation
In order to make significant renovations where it is not possible to live in the property, it is often not possible to pay both the rent and mortgage payments. Under the HAND program, making major renovations are possible and encouraged, since you would not have to make a mortgage payment for a period of up to six (6) months and your monthly payments would not increase. The deferred payments would be added to your loan and your interest rate permanently reduced by 3/8%; that way your monthly mortgage payment will not increase. This is a tremendous benefit which is not available elsewhere.
Rehab process
NACA’s HAND Department provides assistance thorough the renovation process. Though you remain ultimately responsible for all aspects of the renovation, HAND can assist you with the rehab process by identifying contactors, identifying needed repairs and processing payments.
Renovating properties to stabilize communities
The NACA Property Rehab program, called the Home and Neighborhood Development (“HAND”) department, works to ensure that NACA homeowners will have properties that do not require significant repairs for a number of years. The HAND department is also essential in providing Members with the opportunity to purchase homes in need of substantial renovation. These properties are often only available to investors who purchase them at below market prices, making cosmetic repairs and flipping them to working people at inflated prices. Now NACA Members can purchase these homes without paying an inflated price to an investor.
Addressing Repair Items
Repairs crucial to the integrity of your home, such as replacing outdated heating systems, upgrading electrical, and repairs to the structure due to termite damage, can be addressed through the HAND program. Generally, these items are identified in your Home Inspection Report. HAND enables you to complete the necessary renovations or rehabilitation before moving into your new home. The purchase price and cost of the rehab work are rolled into one mortgage with one monthly payment at the same below market interest rate. The amount of your rehab loan is dependent on the amount of the mortgage you can afford or are qualified for in addition to the property’s as-improved appraised value.
No payments during renovation
In order to make significant renovations where it is not possible to live in the property, it is often not possible to pay both the rent and mortgage payments. Under the HAND program, making major renovations are possible and encouraged, since you would not have to make a mortgage payment for a period of up to six (6) months and your monthly payments would not increase. The deferred payments would be added to your loan and your interest rate permanently reduced by 3/8%; that way your monthly mortgage payment will not increase. This is a tremendous benefit which is not available elsewhere.
Rehab process
NACA’s HAND Department provides assistance thorough the renovation process. Though you remain ultimately responsible for all aspects of the renovation, HAND can assist you with the rehab process by identifying contactors, identifying needed repairs and processing payments.
The NACA Property Rehab Program is crucial in NACA fulfilling its mission of stabilizing neighborhoods. NACA ensures affordable and long lasting homeownership by working to have all potential identifiable current and future repair items fixed by the seller or immediately upon purchase. This prevents future problems for the homeowners and has a dramatic impact on communities where existing homeowners and future buyers are encouraged to invest when dilapidated properties are renovated. This is achieved by addressing of items needing repairs and the ability to include such repair costs as part of the mortgage.
Renovating properties to stabilize communities
The NACA Property Rehab program, called the Home and Neighborhood Development (“HAND”) department, works to ensure that NACA homeowners will have properties that do not require significant repairs for a number of years. The HAND department is also essential in providing Members with the opportunity to purchase homes in need of substantial renovation. These properties are often only available to investors who purchase them at below market prices, making cosmetic repairs and flipping them to working people at inflated prices. Now NACA Members can purchase these homes without paying an inflated price to an investor.
Addressing Repair Items
Repairs crucial to the integrity of your home, such as replacing outdated heating systems, upgrading electrical, and repairs to the structure due to termite damage, can be addressed through the HAND program. Generally, these items are identified in your Home Inspection Report. HAND enables you to complete the necessary renovations or rehabilitation before moving into your new home. The purchase price and cost of the rehab work are rolled into one mortgage with one monthly payment at the same below market interest rate. The amount of your rehab loan is dependent on the amount of the mortgage you can afford or are qualified for in addition to the property’s as-improved appraised value.
No payments during renovation
In order to make significant renovations where it is not possible to live in the property, it is often not possible to pay both the rent and mortgage payments. Under the HAND program, making major renovations are possible and encouraged, since you would not have to make a mortgage payment for a period of up to six (6) months and your monthly payments would not increase. The deferred payments would be added to your loan and your interest rate permanently reduced by 3/8%; that way your monthly mortgage payment will not increase. This is a tremendous benefit which is not available elsewhere.
Rehab process
NACA’s HAND Department provides assistance thorough the renovation process. Though you remain ultimately responsible for all aspects of the renovation, HAND can assist you with the rehab process by identifying contactors, identifying needed repairs and processing payments.