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<br />When the house is more complete we plan to hold an open house (hopefully mid-April) <br />for those who are interested in the purchase. Within two weeks of the open house, those <br />interested and qualified must submit the following: A pre-approval letter from a lending <br />" institution showing: a) verification of the first-time buyer status (prospect(s) must submit <br />. tax returns to lending institution b) Income verification c) Credit-approval d) Maximum <br />mortgage qualification amount with housing ratios included. First-time homeowners <br />must complete homeownership classes prior to closing. H more than one submission is <br />received, a public drawing will be held to determine the buyer. <br /> <br />. You will be notified of the required date of submission and date and location of the <br />public drawing when we send out the notice of the open house. Please forward <br />submission to Carolyn Olson at Greater Metropolitan Housing Corporation (GMHC) at <br />15 South 5th Street, Suite 710, Minneapolis, MN 55402. Again, please contact our <br />marketing representative Paul Sigurdson at your earliest convenience. <br /> <br />Thank you for your interest in the purchase of this ne~ home. If you have other <br />questions, please call me at 612/339-8703. . <br /> <br />Sincerely, <br /> <br />Carolyn E. Olson <br />President <br />