Please note that the resale restrictions of your home are outlined in the Affordable Housing Covenants, Resale Restrictions and Option to Purchase Agreement made between you and the City of Novato at the time you purchased the home. If you wish to sell your home, you will first need to issue Rise Housing Solutions a “Notice of Intent to Sell.” Please send letters to:

Rise Housing Solutions – Novato Resale
1990 N California Blvd
Suite 20 PMB 1074
Walnut Creek, CA 94596

Rise Housing Solutions (RHS) will then calculate the BMR restricted value to your home and connect you with the City’s real estate agent to discuss a resale price. RHS also has information available to you relating to real estate agents familiar with the City’s BMR program who can assist you with potentially listing the home and determining a resale price. RHS may within 60 days determine an Eligible Buyer. Once a buyer is identified, you have 30 days to sell the home to that person. If RHS does not identify an Eligible Buyer in 60 days, you have the option of finding an Eligible Buyer, subject to the City’s approval per the Affordable Housing Covenants, Resale Restrictions and Option to Purchase Agreement. If you identify the Eligible Buyer, you will have the sole responsibility to pay any brokerage commission from your net proceeds of the sale at the close of escrow. If neither party can find an Eligible Buyer within the time frames outlined, the City may exercise its option to purchase the home. For more information regarding the resale process, please email us.