Offer Form - kansas city, missouri homesteading authority

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KANSAS CITY MISSOURI HOMESTEADING AUTHORITY (KCMHA)
RESIDENTIAL PROPERTY PURCHASE APPLICATION
To purchase a KCMHA owned residential property AS IS, with or without a structure that is zoned residential or will be used for
residential purposes, complete this form and return it to the Kansas City, Missouri Homesteading Authority. Please review the
application requirements on the back of the application.
*Application will not be processed if not completed in its entirety.*
CONTACT INFORMATION
Name of Applicant: __________________________________________________________
Mailing Address: ____________________________________________________________
City, State, Zip: _____________________________________________________________
Daytime Phone #: _______________________
Alternate Phone #: _________________
Email Address: ______________________________ Spouse’s Name: ________________
KCMHA property address: ____________________________________________________
Offer Amount: ______________________________
PROPOSED PROPERTY REUSE/IMPROVEMENTS
Property will be occupied by: ____ Owner
____ Family Member
____ Other
Description of planned improvements/renovation (please attach separate sheet if necessary):
__________________________________________________________________________
__________________________________________________________________________
Note: The KCMHA may place a lien on the property or enter into a development agreement with the purchaser to guarantee that the
proposed improvements/renovations are completed to KCMHA standards.
You will be given a quit claim deed with purchase. If desired, title insurance is the responsibility of the purchaser. All property is
sold AS IS.
To the best of my knowledge, the information provided in this application is true and in compliance with KCMHA Policies and
Procedures. I understand that the KCMHA staff will review this request and confirm that it is in compliance with these Policies and
Procedures, as well as existing KCMHA and neighborhood plans. I also understand that this form is a statement of interest only.
Receiving it does not commit the KCMHA to transfer property.
Signature of Applicant: ________________________________________
Date: ______________________
Please submit this application to the Kansas City, Missouri Homesteading Authority,
4900 Swope Parkway, 2nd floor, Kansas City, Missouri 64130 Phone: (816) 513-9020.
Please allow at least 30 days for your application to be processed.
STEPS TO THE SALES PROCESS
APPLICATIONS
 Call 816 513-9020 to arrange for an interior inspection of the property. The applicant will
need to inspect and note conditions that need to be repaired.
 Complete a Residential Property Purchase Application for each parcel you are requesting.
 The application must include a detailed description of how needed repairs will be completed
and documentation to establish that the applicant has financing or sufficient resources to
complete the repairs. All conditions that are violations of Kansas City’s Property
Maintenance and Nuisance Codes must be corrected.
 Up to $20,000 may be available from the KCMHA if needed to make it feasible to complete
the repairs. State how much of the funds will be required. Note: These funds are available
only for houses that were donated to the KCMHA by the Bank of America.
 The application must include an offer price for the property as is, the estimated cost of
repairs, and the price the property will be offered at when the project is completed. Or, if the
applicant intends to occupy the property at the end of the project, the application must
include the offer price and estimated cost of repairs.
 Submit the completed application to our office. Include a copy of your state driver’s license
or state ID (all applicants). It will not be processed if not entirely completed.
APPLICATION REVIEW
 The application is reviewed within 30 days from the date it was submitted.
 Staff will review the offers and submit a recommendation for the KCMHA Board to
consider. The Board may accept an offer, counter-offer, or deny an offer. Applicants will be
notified of the date and time of the Board meeting so they can attend to answer questions
regarding their application.
 Preference will be given to applications that lead to owner occupancy of the house. The next
preference is then to applications that provide the highest return to the KCMHA.
 Staff will contact the applicants to inform them of the Board’s decision and to explain any
options they may have at that point.
 The property will be transferred to the successful applicant with conditions attached to ensure
that the property is repaired and marketed or occupied as described in the application.
 If for any reason the offer was not accepted, staff will call or mail a letter with an
explanation.
Homesteading Authority Application Supplemental Information
In addition to completing the Homesteading Authority Residential Property Purchase
Application, the following additional information is required as part of the proposal:
1. A line-item comprehensive list of repairs to be made by discipline (plumbing, electrical,
drywall, carpentry, etc.) which is to include dollar amounts for each repair, totals for each
discipline and a grand total of all repairs.
2. A proposal from a licensed insured contractor that substantiates the work to be completed
and dollar amount of repair work is required for each discipline.
3. How will the repairs be financed?
4. If approved, how soon after approval with the repairs be completed? (Maximum time
allowed is 120 days).
5. What will happen to the property once repairs are complete?
6. What dollar amount offer (if any) will be made for the acquisition of the property?
7. Applications must be delivered in person to 4900 Swope Parkway, 2nd floor. At the time
of submittal, a copy of the applicant’s driver’s license will be made.
8. All of the above supplemental information including the the Property Purchase
Application must be received by the closing date for the application to be considered by
the board.
PROPOSAL ORGANIZATION
Documents to be included in the submittal packet:
a. Cover letter
i. Introduction
ii. How will the property be used/occupied
iii. General scope of work
iv. $ Offer
b. Itemized scope of work – renovations to be made with itemized costs
c. Total dollar amount of all renovations
d. Timeline for completion of renovations - 120 days maximum time limit
e. Estimate(s)/Bid(s) for renovations from contractor(s)
f. Proof of project financing
Approved applicants will be responsible for the recording and filing fees associated with the
transfer of the title.
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