$7,500 Grant Program for Anne Arundel County, Maryland

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Real Estate Broker/Owner with Equity First Realty VA BKR# 0225058489

 

$7,500 Grant Program for Anne Arundel County, Maryland

The Marcus Rice Team has just received word from a approved lender for this program just released on April 19, 2010. This southern bank participates with approved lenders to offer First Time Home Buyer Grants to purchase properties. This money can be used for down payment and closing costs. Here are some of the highlights of the program:

1.       Available to first time home buyers only (have not owned a home for 3 years)

2.       Owner occupied properties only

3.       Income restrictions- 80% of Area Median Income

4.       Homebuyer counseling required ( No fee to buyer)

5.       Buyer must have $500 into the transaction

6.       The funds available are a 5:1 match. For every $1 the buyer puts into the transaction the bank puts up $5. Up to a maximum of $7,500. A borrower who puts $1,000 can get $5,000 from the grant program.

7.       Not restricted by location of property

8.       Locations include:  Annapolis, Highland Beach, South Gate, Arnold, Brooklyn Park, Cape Saint Claire, Crofton, Crownsville, Deale, Ferndale, Fort Meade, Glen Burnie, Green Haven, Hanover, Herald Harbor, Hillsmere Shores, Jessup, Lake Shore, Linthicum, Londontowne, Maryland City, Mayo Edgewater, Naval Academy, Odenton, Parole,Pasadena, Pumphrey, Riva, Riviera Beach, Selby-on-the-Bay, Severn Severna Park, Shady Side, Beverly Beach

9.       Condominiums, Townhomes, Single family detached are all allowed and can be used with any type of financing including FHA and the 203K loans.

Thanks to my lender for providing me this information: Please call or email the Marcus Rice Team for more information.

We represent home buyers and sellers as their exclusive agents in the Maryland suburbs of Washington DC and nearby counties.

"Service you deserve, a team you can trust"

Marcus E. Rice

 

 

   Finding your Maryland or Washington D.C.  Dream Home has never been easier, use our links to get started.

WWW.MARCUSRICE.COM

The Marcus Rice Team specializes in Washington D.C., Prince Georges, Montgomery, Anne Arundel, Howard & Charles County Homes and Real Estate for sale. We are tech savvy realtors with over 11 years experience. Please join us on our Social Networking Network to stay up to date on Maryland and Washington D.C. real estate news and more...

The Marcus Rice Team can be reached at 301-910-6502 or marcusrice1@msn.com  

 

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The Marcus Rice Team
Remax Leading Edge

1360 Main Chapel Way
Gambrills, MD 21054

Call Marcus at 301-910-6502
Fax 240-334-4797

www.marcusrice.com
by email: marcusrice1@msn.com
or visit: www.homesellersbailout.com

Certified Distressed Property Expert

 

Posted by

Marcus E. Rice - Principal Broker, CDPE

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Rainmaker
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Connie Lou Barnett
Real Living/Home Realty - Owensboro, KY
GRI,CRS,CRB,SRMM,ARA,PRS,SFR,QSC

That sounds like a great program.  I hope we can match that in Kentucky.

Connie Lou

May 14, 2010 03:16 AM #1
Anonymous
Beverly Harvey

Beverly Harvey

6648 Whitmore Ct.

Apt.#143

Glen Burnie, Md.21061-2333

My Husband And I Have Been Looking For A House In The Anne Arundel County,Md.Area:Also Information On Home Ownership Programs For People On Disibility Incomes:

If You Have Avalible House In The Anne Arundel County,Md. Area That You Fell We May Qulify For Home Ownership:With The Right Program:

Please Forward A Hard Copy By US Mail; Of The Avalible Houses: Property Addresses: And Programs Per-Property Listing.(Avalibility).

Sincerely,

Thank You,And Look Forward To Hearing And Receiving The Above Requested Information:And Contact Person And #.

 

Beverly Harvey

Jun 25, 2012 04:39 AM #2
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Rainmaker
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