I have a buyer who is looking for a home in Prince Georges County Maryland.  Ideally, he would love to be in either Laurel Maryland or Upper Marlboro Maryland.

This past weekend we went out and visited properties in both Laurel and Upper Marlboro.  My buyer liked a property he saw in the Kettering area of Upper Marlboro. It was a very nice two level town home. 

Because the property was in good shape, vacant and a foreclosure, it was an excellent candidate for the Neighborhood Stabilization Program (NSP).  The program is also known as Down Payment on your Dream.

This home is the type of home that will probably have multiple offers.  My buyer wants to make a good bid, but he does not have that much cash.

However, the NSP, Down Payment on Your Dream program can provide my buyer with up to 7 % of the purchase price towards his down payment and closing cost.   With the little bit of cash my buyer does have and the 7% from the NSP, he can now make a competitive bid on this Kettering property.

We wrote the offer on Sunday night.  We shall see what the seller says.  But, at the very least, with the help of the NSP, my buyer has made his best bid on the home.

For more information on the Down Payment on Your Dream program, please contact me at 301-604-0198. Or email me at berard@mris.com

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