Free Home Buying Seminar in Leesburg, VA

Free Home Buying Seminar in Loudoun County.

Have you considered buying a home but just thought you didn’t make enough money?  Do you think you need a large downpayment to own a home?  Are you considering making a move but just don’t know where you want to go?  If so, you should attend Loudoun County Living’s home buying seminar on May 9th to find out how you could own a home of your own within just a few months.

Loudoun County offers 3 unique home buying programs.

  1. The Public Employee Homeownership Grant Program (PEG) offers grants (as part of a secured loan) to help cover down payments for full or part-time county employees, teaches, law enforcement and firefighters. Loans are forgivable at 20% of the loan amount annually over a five-year period providing the employee does not leave employment, sell the home, or no longer occupies the residence.   Grant amounts include $5,000 for the purchase of a home located within Loudoun County; $15,000 for the purchase of a foreclosed property (no short sales); or $25,000 for the purchase of a property in Loudoun County’s Neighborhood Stabilization Program (NSP).
  2. The Affordable Dwelling Unit (ADU) Program helps households whose income falls below the county’s medium income levels, to buy a new construction home or resale properties – prices typically range from approximately $120,000 to $180,000 for condos or townhomes in the program.
  3. The Down Payment Closing Cost Assistance Program helps both PEG program participants and ADU buyers pay for their closing costs and down payment on a home.  First-time homebuyers purchasing a home either through the Affordable Dwelling Unit program or purchasing an existing market rate home can borrow up to 10% of the sales price or $25,000, whichever is less, at 5% interest. This loan is in the form of a second trust, payable over a 30 year period with the first three years of payments deferred and interest free.

If you think you fall into one of these categories, or if you’re just investigating your home-buying options, attend this free seminar:

Loudoun County Living’s 

Home Buying Seminar 

Tuesday, May 9th from 5:00-7:00pm 

at the Tuscarora Mill Wine Cellar in downtown Leesburg.

At this event, you will learn more about each of these programs, speak directly to an experienced Realtor who can help you in your home search, talk to a mortgage lender to see how much you might qualify for and find out how you can buy a home or townhome in Asburn, Leesburg, Sterling or Chantilly.

Space is limited, so please RSVP by May 1st to Theresa Pomata at admin@loudoun-county-living.com or call 703-407-5159.

Click here to search current homes on the market in Loudoun County.

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About Barry

Keller Williams Reston/Herndon
11700 Plaza America Drive
Reston VA 20192
Keller Williams Leesburg
50 Catoctin Circle NE #101
Leesburg VA 20176
Licensed in Virginia

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