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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
 

Topics For Buyers

Value Alert: New Condos Appear in Trinidad @ $225,000


1BR 1BA units at The Arboretum Condominium appeared in the MLS for sale over the weekend. These appear to be nicely equipped, large condominiums with over 900 sq. ft. of living space. We called out 1 of the units as something to check out in our Week’s Watch on new listings today in the ULC Blog.

“We touch a very large number of first time home buyers over here and there has been a real need for inventory at this price point,” said Gerard DiRuggiero, Principal Broker of UrbanLand Company. “This is a great release of new units for Spring and probably the first of many condominium projects that will appear in Trinidad as development picks up in this corridor that includes Bladensburg Road, NE, home of one of our new real estate offices for our brokerage.”

Here’s the listing info on Unit #102 at the building – it’s on 2221 M Street, NE in Trinidad. It’s currently at $225,000 and listed courtesy of M Squared Real Estate LLC. Information last updated here on 3/27/2017 at 10:27am. There is also a 2BR 2BA listed at $325,000 that has become available at the same time.

Are you thinking of buying a condominium, specifically one that is new construction or coming off of a fresh renovation? We have sold over 1,250 homes in the DC area since 2003, 900+ of which were for new construction! We often also represent developers as their listing agents for units they sell you. We’re here to help you purchase strategically from the home buyer side with proper agent representation. Buying new construction from an investor /developer is different than a normal resale home from a homeowner. Find out more!

New Construction Buyer Registration grew quickly into a formal program that we offer to beginning home buyers due to the success of our Home Buyer Workshops program,” continued DiRuggiero. “Our Buyer Workshops draw a large crowd twice a week of interested home buyers, with attendees covering a wide spectrum of price ranges and incomes. Since New Construction typically carries a higher price point and different challenges and opportunities, we had to spin things off in an effort to keep the Workshop curriculum focused on everyone’s interests.”

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In a simple sense, New Construction Buyer Registration is for buyers seriously considering purchasing a new condo or new home in DC/MD/VA. “There’s a different strategy when pursuing new construction opportunities as an inexperienced buyer.” said DiRuggiero. “We’re here to represent you as your agent as you go through this process and to provide guidance so you can purchase strategically.”

Here’s the best part. New Construction Buyer Registration is free of charge to home buyers.

Units for sale at The Arboretum Condominium are listed courtesy of M Squared Real Estate LLC. Information last updated 3/27/2017 at 10:27am.

 

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