City of Killeen, Texas / Home Investment Partnership Program First Time Homebuyers Assistance Program
This document must be returned to the City of Killeen, Community Development Department, HOME Program, 802 N. 2
nd
Street
Bldg. E, Killeen, Texas 76541
NOTICE TO REAL PROPERTY OWNER/SELLER
Date: ____________________________
Owner(s)/Seller(s): ______________________________________________________________
Buyer(s): ______________________________________________________________________
Address of
Property Under Consideration: _____________________________________________________
Dear Owner/Seller:
Property believed to be owned by you is being considered for purchase, as referenced above. Federal
funds in the form of down payment and closing cost assistance to the named Buyer(s) may be used in
the purchase of the property. We are required to disclose the following information in accordance with
U.S. Department of Housing and Urban Development (HUD) and the Uniform Relocation Assistance and
Real Property Acquisition Policies Act as amended (URA), Section 24.101(b)(2):
1. The proposed sale is voluntary. In the event negotiations fail to result in an agreement, the
property will not be acquired via voluntary purchase or eminent domain.
2. The fair market value of the property is estimated to be $ ____________________. However, since
this transaction is voluntary, current or future negotiations may result in a price that could be (a)
commensurate with this estimate, or (b) for an amount less than this estimate.
An Owner-occupant who conveys his or her property under these terms does not qualify as a displaced
person. Additionally, any person who occupies the property for the purpose of obtaining assistance
under the URA does not qualify as a displaced person. However, tenant-occupants displaced as a result
of a voluntary acquisition may be entitled to URA relocation assistance and must be informed in writing
as soon as feasible. In accordance with HUD requirements, if the information provided above is
disclosed after an option to purchase or contract has been executed between the Buyer(s) and
Seller(s), the Seller(s) must be provided the opportunity to withdraw from the agreement.
Any title deficiencies, liens, or encumbrances on the property must be cleared prior to property
transfer. If approved by the City of Killeen, these costs may be fully paid by the buyer(s), or as
negotiated between the seller and the buyer, using their own funds. No federal funds can be used
to pay these costs.
Should you have any questions, please feel free to contact.
City of Killeen HOME Program
254-501-7845
______________________________________________________________________
Receipt acknowledged this __________ day of ________________, ____________
________________________________ ______________________________
Seller Witness
________________________________ _______________________________
Seller Witness
(Notice to Seller Doc-Rev. 8/2012)
