Home Income Guidelines News 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

Submit a Two Rivers CLT Pre-Application.  

This allows us to determine if your buyer meet the eligibility criteria (income, credit, debt) - CLICK HERE for a copy of the form

 

2011 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

 

CLT's for Realtors -

PowerPoint Presentation - Click Here

 

Community Land Trust (p. 8)
MN Realtors Association Fall Magazine 2009.pdf - Click Here

 

Why a Community Land Trust?

 

Community Land Trusts A Wise Investment - YouTube Video - CLICK HERE

 

  *  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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