Home Buying Process Income Guidelines What is a CLT? News REALTOR Info Homes For Sale Red Oak Progress CLT Links Owner Resources

3880 Laverne Ave. N. Ste 175
Lake Elmo, MN 55042
(651) 994 -9194
 

Advantages of CLT:  Homeownership

Reduced mortgage

Home in good condition

 

CONTACT US

CLICK HERE

(651) 994-9194

 

Ownership Services

Teresa Howard

 ext. 203

 

Housing Project Manager

Kathryn Paulson

 ext. 202

 

Executive Director

Teresa vanderBent

ext. 201

 

                            

Realtor Resources

2010 Homes For Sale - Click Here

Realtor Fact Sheet - Click Here

 

CLT's Wise Investment for MN - CLICK HERE for Newsletter

 

MN REALTORS Association Highlights Community Land Trusts

St Paul Association of Realtors -

Continuing Education Course on Community Land Trusts - Jan. 2010 - PowerPoint Presentation - Click Here

 

Homebuyer Initiated Program (p. 11) (Highlights Two Rivers CLT)
MN Realtors Association Winter Magazine 2009-2010 - Click Here
 
Community Land Trust (p. 8)
MN Realtors Association Fall Magazine 2009.pdf - Click Here

 

 

 

Why a Community Land Trust?

Provide a Homeownership opportunity - Serve buyers who cannot afford to purchase and/or rehab market rate homes.

Increase your homebuyer market

Provide more options to your homebuyers - Homes in good condition, access to down payment & closing cost assistance with reputable lenders (20 to 30 year fixed rate mortgages).

Competitive Real Estate Fees - Fees are listed on MLS for homes on the market. For homes not listed on MLS, we also pay competitive fees to buyer’s agent

Community land trusts provide options for buyers who are unable to purchase in the current market. Like common interest communities and condos the buyer owns the home. Two Rivers CLT owns the land.

 

Community land trust home prices are written down with federal, state and private funds. Two Rivers CLT believes these resources should be preserved. In exchange for the decrease in cost the owner receives 25% of the increase in property when they sell their home. Public and private funds remain in the property so that the home is affordable for the next buyer.

 

The goal of our nonprofit is to create an affordable pool of homes so that future low income buyers have the ability to enter into home ownership. Community land trusts provide buyers a step into ownership.

 

 

 

 

 

 

 

 

 

Two Rivers Community Land Trust   3880 Laverne Ave. N. Suite 175
 Lake Elmo, MN (651) 994 -9194 
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