91 Mt Hope B103

Contact your lender to secure a prequalification letter for a deed-restricted, price-capped home. Your letter must be current (less than 3 months old) to submit with your bid.

Complete all applicable sections of the LERP application packet.

• Select the applicable program on the first page.

• Provide applicant contact details, physical and mailing addresses, employer information, and work hours.

• If two people are applying together for one home, complete both applicant columns.

• Complete the employment-history and residency-history sections in chronological order, listing the most recent entries first.

• Complete the Prospective Purchaser Affidavit. Each applicant must sign, print their name, and date the form.

Include all required documentation with your completed application packet:

• Proof of Eagle County residency (provide at least one):

  • A property tax assessment showing ownership in Eagle County and a current utility bill in your name for that property; or

  • A current lease in your name for an Eagle County property.

• Proof of Eagle County employment (provide at least one):

  • Your two most recent pay stubs from an Eagle County employer; or

  • An Income & Expense statement for the past 12 months if self-employed in Eagle County; or

  • A formal letter from an employer confirming your acceptance of an offer for employment in Eagle County.

• Current lender prequalification letter (less than 3 months old).

• Most recent federal tax return.

• Documentation verifying Town of Eagle employment history (if applicable):

  • Acceptable documentation includes W-2s, a final pay stub showing cumulative hours, or an employer letter confirming start and end dates, average hours, and full- or part-time status signed by a manager, HR, or owner.

• Documentation verifying Town of Eagle residency history (if applicable):

  • Acceptable documentation includes signed leases, property or tax records showing duration of ownership, school transcripts, utility bills (quarterly minimum), insurance policies, or qualifying rent checks paid paired with landlord property ownership records. (Note: PO Boxes are not accepted as proof of residency).

Complete the Buyer Bid Sheet and include:

• Property address

• Offer price

• Lending institution and attached lender prequalification letter

• Proposed closing date (confirmed with your lender)

• Loan-to-value ratio or down-payment amount

• Disclosure of whether you must sell a property prior to purchasing

• Any requested purchase-contract contingencies (excluding standard title, inspection, and loan contingencies)

• Confirmation that you can provide earnest money equal to 1% of the purchase price by the bid deadline

Deliver or mail the completed application, Buyer Bid Sheet, signed affidavit, and all required supporting documents by the bid deadline to:

The Valley Home Store
25 Mill Loft Street, Suite 200
Edwards, CO 81632

Note: If you plan to deliver your application in person, please coordinate in advance with the listing broker or The Valley Home Store to ensure someone will be available in the office to receive your paperwork.

Incomplete applications or submissions missing documentation will not be accepted.