How long will this take?

Due to the rising costs of homes in our area and significant lack of inventory, we have more applicants than homes available. Unfortunately, buying a home through KulshanCLT is not a quick fix for permanent housing. There is currently a waiting list with wait times of around two years.

How the Waiting List Works

If you have an immediate need for housing, please contact the Opportunity Council at 360-734-5121.

We date stamp applications as we receive them and generally serve families on a first-come-first-served basis. There are some exceptions to this rule, mostly regarding the home size and suitability for the household. For example, we wouldn’t offer a 4 bedroom home to a single person or a one bedroom home to a family of four. We also do our best to match families with the kinds of homes they desire. Another important factor is affordability—some homes cost more than others and a homeowner must be able to afford the monthly payments for that home, have good credit, and be mortgage ready at the time of purchase.

When a home becomes available, we will alert those who have been on the waitlist the longest, who also have compatible households for the home. If more than one applicant is interested in that particular home, and they also qualify for the purchase price, we would sell the home to the household that had been on the waiting list the longest. Once that applicant signs the Purchase and Sale Agreement, it usually takes about 60 days to close on the home.

Every year we send out an email to remind those on our waiting list to send us updated tax information and to let us know if they are still interested in the program. If we do not hear from applicants at least once a year to get updated financial information, we will consider their applications withdrawn.

Please note, there is one exception to this policy allowed for current homeowners who wish to designate an income-qualified friend or family member as the buyer when they decide to sell their home.

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While You Wait

  • Continue to work to strengthen your credit and save for your down payment and future home maintenance costs.

  • Be sure to keep your debts under 10% of your gross monthly income.

  • Pay all debt payments on time and keep balances low. Avoid taking on new debt of any kind so that your credit is strong when your turn to buy comes up.

Feel free to give us a call or send us an email every few months to check on your status on the list, and to let us know you are still interested in buying a KulshanCLT home.

 

“I love my updated, energy efficient home. Also, I am hoping my chickens will start laying soon. I can’t wait to try their eggs!

— Myles Kroll, KulshanCLT Homeowner