Acquisition of real estate properties in Simi Valley has never been more attractive and convenient. The city is an ideal suburban location, nestled in sunny Southern California and less than an hour's drive away from downtown Los Angeles. There is a wide array of real estate choices in Simi Valley, from upscale sprawling estates in the planned communities to the more affordable single-family units and townhouses in residential streets.
Although located close to the urban centers of California, Simi Valley maintains a wholesome, family-friendly atmosphere reminiscent of charming, idyllic towns normally found in rural regions. Simi Valley also takes pride in being one of the safest cities in the country among its population range.
To boost the residential real estate growth in Simi Valley, the local government has a launched a program for first-time homebuyers. The assistance program offers loans and grants to homebuyers who meet the eligibility requirements. Basis for inclusion in the program include family income, housing cost ration, and debt-to-income ratio.
The Simi Valley city government also offers assistance to local homeowners whose properties are in need of repairs. Through the Home Rehabilitation Program, low and median-income homeowners can avail of loans of up to $30,000 at a fixed interest rate of 2 percent.
With all the perks and benefits available to residents of Simi Valley, it's not hard to figure out why the city is fast becoming a favorite suburban community.