KC Property Guys invests and rehabs between 30-40 houses per year overall. Each year, we have the pleasure of renovating 2-3 properties for a local educator, fire fighter, medical personal or law enforcement officer under the Good Neighbor Next Door Program sponsored by HUD. The GNND program is an incredible program available for qualified participants to secure discounted homes at 50% of what is typically an already deeply discounted rate. Qualified participants must live in the home for 3 years after purchase and then may continue living in the home as is with well established equity or sell or refinance the home as he or she chooses and the end of the 36 months.
Our role for eligible participants are to locate a prospective home with our in house real estate team and most of the time renovate the home for the client with our KC Property Guys spec finishes including new flooring, paint, granite counters, stainless appliances and all maintenance as required.
We know what you are thinking, these homes have to be the worst. Worst house on the block, worst neighborhood in the area….worst of the worst of the worst. Well, we guarantee you, we will surprise you. It will not be the worst house in the neighborhood when we are done and the inventory of houses are not in the worst areas. Many times, these homes are in very nice and upcoming areas that show excellent signs of growth and tremendous equity scenarios.
Good Neighbor Next Door Eligible Participants
The U.S. Department of Housing and Urban Development (HUD) wants to make American communities stronger and to build a safer nation. The Good Neighbor Next Door (GNND) program helps make this goal a reality by encouraging law enforcement officers, pre-K through 12th grade teachers and firefighters/emergency medical technicians to become homeowners in revitalization areas.
Who Can Participate?
You may participate in the Good Neighbor Next Door program as a law enforcement officer if you are employed full-time by a law enforcement agency of the federal government, a state, a unit of general local government, or an Indian tribal government; and, in carrying out such full-time employment, you are sworn to uphold, and make arrests for violations of, federal, state, tribal, county, township, or municipal laws.
You may participate in the Good Neighbor Next Door program as a Teacher if you are employed as a full-time teacher by a state-accredited public school or private school that provides direct services to students in grades pre-kindergarten through 12. In addition, the public or private school where you are employed as a teacher must serve students from the area where the home you are purchasing is located in the normal course of business.
Firefighter/Emergency Medical Technicians
You may participate in the Good Neighbor Next Door program as a Firefighter/Emergency Medical Technician if you are employed full-time as a firefighter or emergency medical technician by a fire department or emergency medical services responder unit of the federal government, a state, unit of general local government, or an Indian tribal government serving the area where the home is located.
KC Property Guys – www.TheKCPropertyGuys.com are the original cash home buyers in Kansas City. KC Property Guys buys and sells 30-40 homes per year in the Kansas City Metro Area. We provide quick close cash options for Kansas City Homes and Assist to Sell – equity financed home improvements for those needing home improvements prior to selling.