Buying Into Baltimore - Trolley Tour - 01/28/2023

Real Estate Agent with Coldwell Banker Realty MD RE License 579412

Buying Into Baltimore - Trolley Tour - 01/28/2023

The Buying into Baltimore downpayment and closing cost incentive of $5,000 is awarded by lottery 10 days after the Trolley Tour event to 20 homebuyers chosen from a pool of qualified buyers.  This event is being held on Saturday, January 28, 2023, from 8 am to 1 pm and is being held at the Henderson Hopkins School located at 2100 Ashland Ave, Baltimore, MD 21205.

After the Trolley Tour qualified home buyers have 10 days to submit their applications complete with an accepted offer.  The acceptance date has to be after the Trolley Tour event.  To register for the upcoming event go to the Live Baltimore event page

There are some limitations and eligibility requirements that need to be met in order to qualify. 

  • you must earn a homeownership counseling certificate from a HUD-accredited facility (see link below for blog on this)
  • you must live in the home as your primary residence
  • you have to contribute at least $1000 of your own money, which can include the cost of a home inspection and appraisal.
  • your mortgage amount can not exceed the FHA loan limits for a single-family home, which is $583,050
  • you must apply and be approved prior to closing on your home, you can not receive the funds retroactively
  • there are no household income restrictions
  • you do not need to be a first-time buyer, however, you can not already own a home
  • Fixed-rate mortgages only.  Co-signers, cash sales, and owner financing are also not eligible.

This is part of a series of blogs outlining some of the downpayment assistance programs in Baltimore City.  In case you missed the others, links to these blogs are here:

First Time Homebuyers Incentive Program

Buying a Home in Baltimore City Live Near Your Work

Baltimore City Employee Homeownership Program

Baybrook Boost Downpayment Assistance Program

Direct Homeownership Assistance Program

Home Ownership Counseling in Baltimore City

A Journey Starts with One Step

I have been selling Baltimore City homes since 2003 and have helped hundreds of homebuyers become homeowners.  I can help you too!!

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Creating generational wealth, one home at a time. If you are thinking of buying a home,  did you know I can help you find a home for as little as $1000 of your own money?  Thinking about selling a home in  Maryland give me a call at 410-292-0100 or start your search here and I'll talk about the market conditions and what your home could be worth in today's marketplace if you are thinking of selling.  If you are considering buying a home, there is no better time than now to buy. The tax savings and wealth building alone are worth the plunge into today's market. Coldwell Banker and I are connected with some of the world's brightest and best real estate agents and can assist with your move here to Maryland or anywhere in the United States or abroad.  Ask me how.

During these trying times, Coldwell Banker and I are equipped with the latest technology to sell your home using Virtual Open Houses, Virtual showings, electronic signing, virtual inspection, and even online closings.   You can contact me through Snapchat, Duo, Skype, Google Chat, WhatsApp, text messaging, or simply by phone.  We take your and your family's health and safety very seriously.  

June Piper-Brandon ~ Associate Broker ~ MRP, AHWD, CDPE, ePro

Coldwell Banker

410-292-0100 - Direct   410-461-7600 Office

June Piper Brandon - Agent with Century 21 New Millennium

June Piper Brandon - Agent with Century 21 New Millennium

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