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Thursday, March 28, 2013

HPAP Home Purchase Assistance Program

If you are looking to purchase a home in Washington DC then the HPAP program may be the program for you. Home Purchase Assistance Program also known as HPAP is a program that provides up to 44,000 in first time home buying assistance to lower and moderately lower home buyers. These funds can be used for down payment and or closing costs. These funds administered through The Department of Housing and Community Development for the purposed of empowering low-to-moderate residents to purchase real estate in the District of Columbia. These funds can be used to purchase single family homes, condominiums or cooperative units.

To qualify you will need $500.00 or 50% of liquid assets great then 3,000, whichever is greater. You also have to:

1. Be the head of the household and a first time home buyer

2. Be a low – to moderate income resident (standards set by DHCD

3. Cannot have had ownership interest in any residential real estate within the past three years of your application

4. The house that is to be purchased with the funds must be buyer’s primary residence and be located in The District of Columbia.

5. Must be able to qualify for a home loan.

As a licensed Real Estate Agent in Washington DC, I am very familiar with this program. I have helped over 50 families obtain housing using this program. Understanding the uniqueness of the program and how it works is very crucial to its overall success. As an agent who has closes HPAP deals on a regular basis, I can help you navigate through the multiple inspections and all the experiences that would come along with closing this transaction. The intricate details and extra lawyers of home buying protection can get a little challenging, which some of the 1st time home buyers have expressed these challenges to me. However, given my experience in working with the program, I am able to navigate the process and I am sure that if you feel this program is something that you would be interested in, I can certainly help you to achieve your goals as well. If you would like more information on the HPAP program and process, please feel free to contact me and we can set up a meeting and it would be my pleasure to provide you with a one on one information consultation.

I have helped many people in Washington DC use the Home Purchase Assistance Program or HPAP in The District of Columbia. Below is a list of Areas in Washington DC. Let me know how I can help you find your home. Call me so I can tell you more about the program and how I can help. Looking forward to working with you. I can be reached at 301-200-1997 direct. I look forward to your call.

District Of Columbia Real Estate Page Areas
Anacostia ; Adams Morgan; Bloomingdale; Capitol Hill; Cleveland Park
Columbia Heights; Crestwood; Dupont Circle ( Citizens Association ); Foggy Bottom
Foxhall Community ( Citizens Association ); Georgetown ; Glover Park; Hillcrest
Logan Circle; Mount Pleasant ; Petworth ; Shaw / Howard ; Greater U street Corridor
Southwest DC / New Stadium; Takoma Park ; Truxton Circle ; Woodley Park ;
Ledroit Park ; Massachusetts Ave ; Mt Vernon ; Sheridian – Kalorama ; Sixteen Street ; Strivers Section ; Archeology in DC , Chinatown, Downtown,


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