Buying a Home in Baltimore City
Live Near Your Work
There are about 225 distinct neighborhoods in Baltimore City, offering something for every buyer. In addition, the city of Baltimore offers some great incentives for buyers to purchase here. If you have been having a hard time saving for your new home, you may want to consider Baltimore where you can purchase a home for as little as $1000 of your own money.
You will need at least a 640 credit score in order to qualify for a loan and you will need to complete a HUD-accredited Home Buyer Education program too.
If you work in Baltimore City, you may want to check the Live Near Your Work Program to see if your company participates. The incentive value varies by employer and in some cases, like Johns Hopkins Hospital, may be tied to certain geographic areas or the amount of the incentive will vary depending on the geographic area. Check with your Human Resources department or your benefits administrator to see how you qualify.
In this ever-changing market, it's important that you choose an agent that has experienced changing markets and a real estate brokerage that has weathered many changes in the real estate market. And, as the market changes programs like this will become more and more popular among buyers and more acceptable among sellers. I have been in real estate for over 35 years and have sold hundreds of homes in Baltimore City and Coldwell Banker for over 100. Together we can help you achieve your home ownership goals.
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