PRINCE GEORGE'S COUNTY SHOWS HOMEBUYERS THE MONEY

"Down Payment on Your Dream" stimulus dollars are VERY MUCH available, and the Prince George's Department of Housing and Community Development is closing deals in 7 - 10 days, deals which give new home owners up to $20,000 towards purchase of a vacant foreclosed home. Read some of the press highlighting the many benefits to homebuyers from this homeownership program . . .

FOX 5 SPOTLIGHTS "HOME BUYING PROGRAM A DREAM" Fox 5 interviewed PGCAR REALTOR® Don Frederick on the many advantages and cost savings available for Prince George's County home buyers. See the video and article here >>     ABC NEWS TOUTS PRINCE GEORGE'S COUNTY NSP PROGRAM This news coverage emphasizes the FREE money available to new homebuyers seeking homes in Prince George's County, and shows one of the many higher-end homes which can be bought under the "Down Payment on Your Dream" Neighborhood Stabilization Program (NSP). This foreclosed home was snapped up by a new homebuyer for 50% of its appraised value. View the video here >>     COUNTY "CASH FOR CLUNKERS" REAL ESTATE DEAL TURNS RENTERS INTO HOME BUYERS WUSA 9 details how NSP (Down Payment on Your Dream) is reducing inventories and driving home sales. Five new homeowners settled on their new homes on the report date of August 4 alone, due to the "Down Payment on Your Dream" program. View the video here >>

Buy Suitland Initiative: Up to 5% of Home Purchase Price to First-Time Homebuyers Up to 7% for Local Civic Employees Down Payment and Closing Cost Assistance My HOME Program Up to $10,000 Downpayment / Closing Costs Assistance with American Dream Downpayment Initiative Participating Banks Offer Up to $15,000 in Down Payment Savings Maryland Drops Mortgage Interest Rates, Adds Loan Program for BRAC Families Maryland Veterans Homeownership Initiative for Prince George's County Sheriff & Police Officer Tax Breaks Up to $35,000 for those who work and buy a home in College Park

UP TO $20,000 DOWN PAYMENT IN GRANT MONEY TO BUY A FORECLOSED HOME
NSP funding is available to qualified new homebuyers, teachers, police officers, nurses, firefighters, and to anyone moving to within 3 miles of their employment. The Neighborhood Stabilization Program (NSP) funds are available in the form of zero interest loans, which only needs to be repaid if you resell your purchased property. Percentage of the original NSP loan due is based upon how long you live there. NO portion of NSP funds will have to be repaid if you live in your home for 10 years or more.

Chances are there's a selection of foreclosed home in the neighborhoods where YOU dream of owning a home. With NSP assistance, the $8,000 Federal Homebuyer Tax Credit if you act fast, plus the training you'll receive from the 8-hour NSP homebuyer class, you will be well positioned to turn a now-vacant property into your dream home.

Call a REALTOR® Today and Find YOUR Dream Home.