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"DC Open Doors" pays your Down Payment for you on a home purchase in DC. The money does not have to be paid back. You must have:
  • Less than $125,580/year in income
  • Have fair to good credit (660+)
UrbanLand Company Agents have over $33.7 million in successful $0 Down and low down payment home sales. Set Appointment $0 Down Loan Estimate Or, get to know us in our Free Home Buyer Workshops
The Virginia Housing Development Authority (VHDA) pays your Down Payment when you meet certain criteria. The money does not have to be paid back. You must have:
  • Less than $97,520/year in income (1-2 person households)
  • Less than $113,840/year in income (3+ persons)
UrbanLand Company Agents have over $33.7 million in successful $0 Down and low down payment home sales. Set Appointment $0 Down Loan Estimate Or, get to know us in our Free Home Buyer Workshops
The Maryland Mortgage Program loans you up to $8,500 in Down Payment Assistance. There's additional incentives from specific Maryland employers + great student loan incentive programs.
  • Incomes lower than $88,400 for 1-2 person households are eligible
  • Incomes between $88,400 & $128,760 may be eligible, based on county
UrbanLand Company Agents have over $33.7 million in successful $0 Down and low down payment home sales. Set Appointment $0 Down Loan Estimate Or, get to know us in our Free Home Buyer Workshops
 

Real Estate

Columbia Named The “Best Place To Live” in US by Money Magazine


During a recent feature by Money Magazine, Columbia, Maryland was named the “Best Place To Live” in the US out of 50 other named cities and towns across the country. It is the only Maryland location that made the list this year.

Money Magazine creates the rankings by analyzing data based on 60 different factors. The study is limited to American towns with populations between 50,000 to 300,000 and examines variables such as median household income, median home prices, high school graduation rates, crime, commuting time, unemployment rates and average property taxes.

Columbia is a planned community that is celebrating its 50th year. It is the brainchild of legendary developer James Rouse and The Rouse Company, a shopping mall and community developer founded in 1956.  The company was acquired in 2004 by General Growth Properties, Inc. Residents enjoy an average commute to work of just 29 minutes, a low 3.5% unemployment rate and average property taxes of just $4,442 per year.

There has been  a flood of planned development activity for the Maryland suburb. Several developer have plans on the table which will encompass thousands of apartments, offices and new retail. Notable projects include a planned $19 million overhaul of popular Merriweather Post Pavilion.

columbia-merrieweatheer-overhaul

Other local towns also made the list of fifty. Ashburn was number 22 on the list, while Hunter Mill, a quiet Fairfax County area that covers parts of Reston, Herndon, Vienna and Tysons, was number 28.

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