Wells Fargo is offering $20,000 in down payment assistance to qualified buyers in Washington DC and Prince Georges County, MD ONLY (sorry Virginia). Are you ready to buy? Then don’t miss this opportunity. The program, called CityLIFT is being launched at the Walter E. Washington Convention Center in DC on October 5 and October 6 (a few days away). Admission is free. Parking is free at designated parking lots. Home buyers are asked to register in advance to speak with a financial professional who will tell you if you qualify for the program. If so, you can reserve funds for up to 60 days even if you have yet to find a property! What could be better!
However, you do have to bring along lots of paperwork for your appointment. (Hey, you have to do something to get the money!) And this $20,000 in down payment assistance does not have to be repaid, provided that you stay in the property for at least 5 years! Of course, it has to be your primary residence and you can’t own a property at the time you settle on the new property using the $20,000 downpayment assistance.
Check out these links for more information and you need an agent, so call me (703 679 8741).