The area around downtown Silver Spring and Takoma Park hold surprisingly nice and inexpensive condo and home purchase opportunities. The interest rates on a 30 year fixed rate mortgage have m%oved up to 4.5 over the last few weeks. Interest rates this low are down near the lowest they have ever been, and create extremely low mortgage monthly payments.
With Silver Spring’s high rents, it can be cheaper to own your home or condo. Every single month, you’re writing a rent check to pay someone else’s mortgage, whether you have a private landlord or are at a big complex.
Join UrbanLand Company at the Silver Spring Library at 900 Wayne Avenue for the special Free Workshop dates above! We’ve been teaching first time buyers in our Free Workshops how to take advantage of Maryland and DC’s built-in home buyer assistance mortgages since 2013. We’ve now helped (and represented as realtors) over 160 area first time buyers successfully using local down payment assistance mortgages.
Here’s some of the topics we discuss:
- The Within Reach $0 Down Grant
- The Maryland Mortgage Program
- The Montgomery County Homeownership Program
(currently closed for rest of 2017)
- 1% Down Payment Loan Options
- 0% Down Payment Loan Options
Successful home purchases by attendees of our Home Buyer Workshops are below. We are are the savvy pathway to ownership for savvy DC / MD first time home buyers!