This Saturday, May 9th  is the semi-annual Live Baltimore Housing Fair “Buying Into Baltimore.”  The fair is from 9am-2pm at Baltimore PolyTech High School on Cold Spring Lane.  If you are planning on purchasing on the Western half of Baltimore City, you can get $3000 from Baltimore City towards closing costs/down payment.  The great thing about the Trolley Tour program is that this is one of the only grants that has NO INCOME LIMIT!  And the money can count towards your required FHA 3.5% and can also be used on a 203k loan. 

Get details and register online at: https://www.livebaltimore.com/events/BuyingIntoBaltimore/index.cfm

I’m also running my monthly Grant Workshop this Saturday, May 9th from 11am-noon, so if you are not looking to buy in Western Baltimore City you can come see me instead!!

Wow!  I’ve been getting a ton of comments lately on by old post about FHLB, and figured it was time to update it.  You can check out the old post HERE

FHLB is a matching forgivable loan grant program.  Basically, for every $1 you put in, FHLB will match with up to $10,000 if you put in $2,000.  This money counts as your FHA required 3.5%!!!  So….you can still get into a house for less than $2000 out of pocket.  For real!

This program is available in all of Maryland, DC, and Virginia, and I’d love to help you get your financing and this money.  Drop  me a line at 443-802-6864 and I will get you started.

Income limits are increased as well,  so for a 1 person household in the Baltimore Metro area, you can make up to a little more than $45,000 and qualify, a 4 person household can make up to about $64,000.  In the DC metro area, income limits are approximately $10,000 higher, contact me to see if you qualify.

Thanks to Ben at asbestos.com  for providing me with this great info!

Regarded as one of the great traditions, the journey to purchasing a home is one of ups, downs and happiness. But it is one that will bring many additional responsibilities. Many older homes could need repairs or additional renovations. Often appearing in roof shingles, popcorn ceilings, piping and insulation, asbestos became one of the most popular building applications of the 20^th century. One of the main things that can go unnoticed is taking simple precautions to avoid asbestos exposure.

Maryland has been an asbestos hot spot due to thriving power plants, paper mills and ship yards. These industries utilized asbestos throughout the 20^th century due to its fire resistant and durable qualities.

Potential Maryland homebuyers should be aware many homes built before 1980 may still contain asbestos. This should by no means make you jump out of your seat because asbestos exposure is easily avoidable by taking simple precautions.  Many green insulation alternatives exist which not only replace the need for asbestos, but evidence has shown it can reduce annual energy costs.

 Keep reading after the break for more info
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