Frequently Asked Questions
Are the home prices negotiable?
Prices are firm and not negotiable.
Is seller’s assistance available?
Seller’s Assistance is not available with these homes. Stand By Me and mortgage companies can provide information on down payment and settlement assistance.
When will these homes be completed?
The first seven homes will be completed by the end of 2024. Check the website for dates as construction nears completion and work with Stand By Me to become prequalified for a mortgage.
Do I have to work with a specific lender or housing counselor?
We prefer that you work with your Stand By Me coach on finding a lender or housing counselor as they are most familiar with the process of purchasing these homes, but working with a specific lender or housing counselor is not required.
I’m a real estate agent with a client seeking to purchase one of these townhomes. How do I submit them for review?
Refer your client to fill out an application form on this website. If your client is already prequalified and has completed housing counseling, follow offer submission instructions per MLS.
Are additional townhomes being constructed through this program?
These first seven homes are phase one of a multi-phase affordable single family home initiative through Cinnaire Solutions. Additional phases are planned to include a minimum of 12 and as many as 29 new townhomes within the next three years. Check the website for updates as additional homes become available.
If I’m not currently mortgage-ready, can I put in an offer now for one of these townhomes?
All homebuyers must be mortgage-ready when submitting an offer for these homes. We encourage you to begin working with Stand By Me now though to complete housing counseling and become prequalified for a mortgage to purchase one of our future Wilmington homes.