Topics For Buyers

$2,466 Cash at Closing Buys This $387,500 Laurel Home

Here’s a home we introduced during Christmas that requires VERY LITTLE cash out of pocket to purchase! It’s worth a second look now that the world has re-opened.

We recently “ran the numbers” with one of our Maryland lenders on a very special mortgage grant program that eliminates most of the cash needed to purchase and close on this property in Laurel. It’s a large single family home on a great half acre lot that is listed by ULC Agent Gail Carter.

Full listing information – 6502 Walker Branch Road.

“This is a special chance to buy that only comes along once in a while,” said Gerard DiRuggiero, Principal Broker of UrbanLand Company. “You’ve got a great house with recent price reductions and a seller who is offering substantial seller credits and closing costs help. These incentives combined with our lender’s specialty mortgage literally makes this house available for almost no cash requirement.”

So, how much cash do you need to buy this great single family home? With a properly negotiated seller credit and use of our special Maryland financing, your required cash from the purchaser is just $2,466.36. That’s using a simulated buyer with simulated credit score and income. Why’s the cash requirement so low?

The financing is built around an available home buying grant. The grant is available all over Maryland. Want to learn more about this financing and if you can qualify? Use our Ask A Question feature and let us know that you’re interested in Maryland $0 Down grants! For faster and more streamlined assistance, fill in our simple Buyer Questionaire and we’ll get you a Pre-Loan Estimate on your buying power and monthly budget needs.

6502 Walker Branch Road is a large single family home on a beautiful half acre in Laurel. The house has an open floorplan, new kitchen countertops, sink and appliances, and energy efficient heat pump and tankless hot water heater. There are warranties in place for the roof, siding, windows and carpeting. Other bonuses include large deck and a traditional wood stove that heats the entire main level. Check out the huge basement and custom spa bath.

Listed by UrbanLand Company. Data last updated 12/23/2016 at 12:15pm.


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