New Down Payment Assistance Program

    A fellow agent sent me an email about a new down payment assistance program in Baltimore City coming in January.  Here is part of her email:

"provides $4.5 million dollars for down payment assistance (at $15,000 each). Does NOT have to be first time buyers, but does need to be buyers fitting in the median income level
(household of 4= $98,450, household of 3= $88,650, 2= $78,800, 1=68,950).
This is a forgivable loan that goes away after 5 years (if the buyer sells prior to 5 years, it is repaid at 80% after year 1, 60% year 2, 40% year 3, etc.)
Buyers must be owner occupant, must have completed buyer certification, must not own another property at the time of purchase, must have lender pre-approval (currently offered by Wells Fargo, however, other lenders may be approved to offer it). Property must be Balt CITY." (Leslie Beard)

Now, I know this has got to appeal to you if you are looking to buy a home. IT'S MONEY THAT DOES NOT HAVE TO BE PAID BACK.

Contact this guy for details,
Sean Worrall 410-512-4812 cell 410-375-4096

Til next time,

JC