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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

Follow Developer Activity To Find Top 1st Time Home Buyer Future Investments


Part of our ongoing Home Buyer Workshop discussion consistently deals with strategic decision making as a first time home buyer. DC Metro housing values and for-sale prices are increasing quickly over the last 2 years (DC Metro Area Housing Prices Increasing 7x Faster Than Area Wages).

Location drives value and what’s going on around your neighborhood can greatly affect the value of your home investment. “For the beginning buyer, you should ‘follow the developer money’ as a starting point” said Gerard DiRuggiero. “Local and out of town organizations are putting a steady flow of investment dollars into small and large pieces of land all over the city…for a reason. The real estate is gaining in value…and these teams forecast out years into the future as they make their plans.”

The list below is from last week’s and this week’s news on permitting and development activity. “There’s a ton going on. Most of these projects mention lots of apartments. There’s limited buying options at this round of new announcements…but we’ll be discussing New Construction opportunities that are available right now at Saturday’s Workshop.

More on Saturday 4/4’s Workshop, including 1BR Condos for sale with loan payments under $1,300/mo. for FHA buyers

@Nationals Park: Ball Park Square: There is a huge level of development work happening right now (or very soon) near Nationals Park. Ball Park Square is a full block, mixed-use residential, retail and office project that will appear across from Nationals Park. It joins a list of huge projects that make up the Capitol Riverfront District, one of the largest redevelopment projects underway in the USA.

logan-abdo.jpg@LoganCircle – 1400 14th Street, NW:A round of permitting approvals for a new 4 level residential building which includes second floor offices, and ground floor/cellar retail and restaurant space. Thirty residences for sale are planned. The project includes a historically contributing building at 1404 14th Street, NW which will be incorporated into the design.


@Potomac Avenue Metro – 1339 K Street, SE: An existing two-story single family home, located a few blocks south of Potomac Avenue Metro, has received approval to convert into a 9 unit apartment building with the addition of a 3rd & 4th level, rear addition and a rooftop terrace.


waterfront-station-nw-streetview 600xx1185-790-66-0.jpg@Southwest Waterfront: The final, unclaimed piece of Waterfront Station on 4th Street, SW is up for developer bidding for DC’s vision of a 400,000 sq. ft. residential and retail project at the location. There is already an 11 story residential/office building going up across Fourth Street that includes 365 apartments.


waterfront-station-nw-streetview 600xx1185-790-66-0.jpg@Nationals Park: Ball Park Square: There is a huge level of development work happening right now (or very soon) near Nationals Park. Ball Park Square is a full block, mixed-use residential, retail and office project that will appear across from Nationals Park. It joins a list of huge projects that make up the Capitol Riverfront District, one of the largest redevelopment projects underway in the USA


UrbanLand Company Home Buyer Workshops are available this Saturday at 10am! Topics include Buying New Construction — Any Price Range and area $0 Down and mortgage assistance programs. Those interested in buying a new construction condo or new home should check out our New Construction Buyer Representation program, free of charge to home shoppers.  It gives you all the tools you need to compete for and successfully purchase one of the many new condominium options hitting DC with aggressive, strategic guidance and full service, hands-on representation.

RSVP via email or through Facebook Events.

Can’t make it to a Live Workshop?
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