Description
Department of Neighborhood Development (DND) Income Restricted resale condo. 1 bedroom 5th floor condo includes: washer / dryer, common outdoor space, central A/C, engineered hard wood floors & is professionally managed. Near the Silver Line. This condo is subject to DND approval of buyer's eligibility application. To purchase the condo a 1 household member must make under $91,625, 2 HM must make under $104,725, 3 HM must make under $117,800 & 4 HM must make under $130,900. Please ask for income limits for larger households. Buyer(s) must have under $100,000 in liquid assets (please ask for specifics). Only up to $50,000 of assets can be a gift. The asset limit does not include many kinds of retirement money and education savings. The prospective buyer shall obtain a 30-year fixed rate mortgage loan conforming with the Fannie Mae guidelines with a Loan to Value (LTV) ratio of less than or equal to 97%. The prospective buyer(s) shall be a 1st time homebuyer(s). Open House on Saturday.
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1BEDS
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0.02ACRES
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1BATHS
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01/2 BATHS
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742SQFT
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$586$/SQFT
School Ratings & Info
Description
Department of Neighborhood Development (DND) Income Restricted resale condo. 1 bedroom 5th floor condo includes: washer / dryer, common outdoor space, central A/C, engineered hard wood floors & is professionally managed. Near the Silver Line. This condo is subject to DND approval of buyer's eligibility application. To purchase the condo a 1 household member must make under $91,625, 2 HM must make under $104,725, 3 HM must make under $117,800 & 4 HM must make under $130,900. Please ask for income limits for larger households. Buyer(s) must have under $100,000 in liquid assets (please ask for specifics). Only up to $50,000 of assets can be a gift. The asset limit does not include many kinds of retirement money and education savings. The prospective buyer shall obtain a 30-year fixed rate mortgage loan conforming with the Fannie Mae guidelines with a Loan to Value (LTV) ratio of less than or equal to 97%. The prospective buyer(s) shall be a 1st time homebuyer(s). Open House on Saturday.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-04-14T15:08:50.02.