Overview
- Updated On:
- November 2, 2022
- 2 Bedrooms
- 2 Bathrooms
- 1,149 ft2
Description
Mayor’s Office Of Housing (MOH Formerly DND) Income Restricted Resale Condo. This 2 bedroom duplex includes: washer / dryer in a laundry room, newer kitchen, private outside space, tile floors & a parking spot. Near Orange and Silver Line T stops. This condo is subject to MOH approval of buyer’s eligibility application. To purchase a 1 household member must make between $78,550-$117,800, 2 HM must make between $89,750-$134,600, & 3 HM must make between $100,950-$151,450. Please ask for income limits for larger households. The prospective buyer(s) 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% and shall be a First Time Homebuyer. Buyer(s) must have under $100,000 in liquid assets. Only up to $50,00 can be a gift. The asset limit does not include many kinds of retirement money and education savings. Buyer(s) must finish Home Buyer 101 prior to purchase. First showings at Open House.
