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Updated about 7 years ago,
Move In Ready Assistance
I've got a friend who is looking at a deal in a city close to me. They are using a program that gives them a down payment assistance grant that does not have to be paid back if they stay in the property for five years. One of the stipulations she mentioned is that the property must be move in ready and require no renovations. This property is move in ready, but it just needs two ranges/ovens.(it's a duplex) Our question is what would happen if she purchased two ovens and just put them in the house completely knowing that she forfeits these if the sale falls through? Has anybody ever encountered this? She obviously doesn't want to do anything illegal. I would NEVER let her do something illegal just to get a deal, but it does seem like a creative solution to a silly problem. Any thoughts? PS She's working with the seller and her realtor is also checking on these things I just know I'm likely to get a quicker response from you guys.