Below Market Price (BMP) Homes

BMP Homes for Sale

34112 Via Lucca

There is a 2 bedroom, 2 bath home available for purchase. The address is 34112 Via Lucca in the Ardenwood area of Fremont. The purchase price is $374,049. The household size for this home must be between 2 and 5 persons. For more information and photos, please check out the Property Flyer.

If you are interested in this property, please view the requirements below and contact the listing realtor, Nico Cadena, by email or by calling 408-460-2713. The realtor will be responsible for scheduling showings, accepting applications, and handling the sales transaction. The deadline to apply is Monday, October 26, 2020 at 12:00 p.m. Duplicate offers from the same household will be disqualified.
34112 Via Lucca

Eligibility Requirements

To be eligible to purchase a BMP home, applicants may not have owned a home within the last three years. Applicants must also currently live or work in Fremont.

Income Requirements 

An applicant's annual household gross income (before taxes) must not exceed the following limits. For example, a 2-person household cannot earn more than $104,885 a year before taxes to be eligible.
Household Size Maximum Household Income
2 $104,885
3 $118,030
4 $131,120
5 $141,625

Application and Loan Requirements

To make an offer on a BMP home, applicants must take the following steps:
  • Realtor: It is recommended for the applicant to work with their own personal realtor to submit an offer.
  • City's BMP Application: Applicants must complete the City's BMP Application and have their realtor submit it to the listing realtor for the property. Please do not submit the application to the City.
  • Loan Pre-Approval Letter: Applicants must also obtain a loan pre-approval letter from a City Approved Lender and have their realtor submit it to the listing realtor for the property. To apply for a loan pre-approval letter, applicants must submit a number of documents to the lender. See our list of documents.
  • Duplicate offers from the same household will be disqualified. 

Interest List

If you would like to be notified when a BMP home is available for purchase, please sign up for our First Time Homebuyer Program Interest List. Please note that the interest list is not an application wait list. It is an "interest list" only.