NEWS AND INFORMATION

UNDER CONSTRUCTION THANK YOU FOR YOUR PATIENCE 

General Information

Phone: (530) 538-2495
Fax: (530) 538-2539
Email: housing@cityoforoville.org

***APPLICATION CAN BE PICKED UP AT OROVILLE CITY HALL***Or ask your Realtor!!! ***

• First-Time Home Buyer Brochure

• Income Limits

• Realtor Applicant Checklist

• LAC Meeting Dates

• Disclosures to Seller with Voluntary, Arm’s Length Purchase Offer

Current Program Guidelines may be obtained by contacting the Business Assistance and Housing Development Department at (530) 538-2495 or email housing@cityoforoville.org.

• Looking for a Realtor? http://orovillerealtors.com/

Loans are based on total household income and family size.

The maximum loan amount is as follows: $100,000 OR 45% of the purchase price (whichever is less)

Current purchase price limits for Oroville (Butte County)

Special Conditions

• Family must be a “first time home-buyer” (has not owned a home in the last three (3) years to be eligible for the City of Oroville's FTHB Program or must not currently be on title to real property to be eligible.

• Minimum credit score of 620

• No unpaid collection accounts

• The home purchased must be located in the Oroville city limits.

• The home must meet all “Housing Code” requirements.

Repayment Conditions

• A mortgage subsidy loan is secured by a Deed of Trust and does not require monthly payments.

• Repayment of the loan will be required if the house is sold, title is transferred, or if the house is no longer a family’s principal residence.

• When refinancing your home loan, always check with the Business Assistance/Housing Development Department to see if repayment of the loan is required.

• The City loan is a deferred payment loan with 3% simple interest.

FTHB/HOP Program Checklist

• Mandatory Home Buyer Workshop is required. The workshop will provide the educational information needed to purchase a home. You may call the City's Business Assistance and Housing Development Department at (530) 538-2495 to obtain a voucher to take the class online. Voucher available after you enter into escrow.

• Make an appointment with a residential lender of your choice to request a “pre-qualifying interview”. The lender will review your employment and credit history, your current financial situation and your household budget. The lender will determine the amount of home loan for which you may qualify.

• Following pre-approval from the lender, the application with all required information for the Homebuyer can be returned to the City of the Oroville.

• Once the lender has determined your pre-qualification, and the City has determined your eligibility for the loan subsidy, you can start looking for a home. Prior to opening escrow, your real estate agent should contact the Business Assistance and Housing Development Department for the availability of funds.

Please contact Broker Patty Boggs 530-514-0284 for other questions or contact the City of Oroville... 

UNDER CONSTRUCTION THANK YOU FOR YOUR PATIENCE 

UNDER CONSTRUCTION THANK YOU FOR YOUR PATIENCE 

UNDER CONSTRUCTION THANK YOU FOR YOUR PATIENCE 

Color to avoid when selling a home........ 

Adding color is a hot trend in home design lately, but be careful which color you choose.

March 4, 2024

Staging, Design & Architecture, Design Trends

By: Melissa Dittmann Tracey

There’s a reason why home stagers prefer white or neutral colors when preparing a home for the market. Some colors can be distracting and a turn-off to home buyers.

Photo credit: Archideaphoto / Getty Images

Rethink a red-painted living room or dining area; red is the most off-putting color, according to a survey of home staging and design professionals conducted by the home remodeling site Fixr.com.(link is external) “Red is an extremely strong color and may not be to everybody’s taste,” the study notes.

Fixr.com | Paint and Color Trends Report 2024

Results of a survey of top design experts revealing paint and color trends for homes in 2024.

Fixr’s Paint & Color Trends 2024 report flags the following as the most off-putting colors to home buyers:

• Red: 53%

• Lime green: 53%

• Bright yellow: 40%

• Mustard yellow: 19%

• Pink: 10%

• Turquoise: 9%

Instead of splashing interiors in bright hues, home stagers and designers say they like to use color strategically to warm up a space and even make it appear more spacious.

For example, 61% of experts recommend using warm neutrals—like beiges and whites—to help make small spaces appear larger. “Warm neutrals can reflect light and visually recede, and their calmness can make a space feel less overwhelming,” the study notes. White was a favorite among home stagers in making spaces seem more spacious and giving the illusion of higher and wider ceilings.

“When selling a house, paint and color trends need to be used in a softened way,” Birgit Anich of BA Staging & Interiors said in the Fixr study. The latest trends may call for attention-getting colors, but Anich warns that “a trend today is not necessarily the trend that buyers are yet ready to embrace. They need to have certain exposure to a new trend before they fall in love with the new trend. While these trends are great for interior design, they need to be used in a more moderate way when selling a property.