The Virginia Housing Development Authority (VHDA) has a new program called "Home Stretch" and Prince William County will be participating in it. This special housing finance program is set up to assist those folks who work in the County to purchase their first home or to relocate to the County. However, this program does not apply to those persons working in the cities of Manassas or Manassas Park.
Prince William County has received an allocation of this special second trust fund program which will be used to fund closing costs and down payments to enhance the affordability of the home purchase. The Home Stretch Program provides a 30 year second mortgage up to $20,000 with no interest or payments due in the first 3 years. The elimination of the interest and payments during the first 3 years increases affordability for the borrower. Loan payments begin in fourth year at an interest rate of 5%.
The VHDA website is located at http://www.vhda.com/ and contains many valuable pieces of information for home buyers. For more information please contact:
PW County Office of Housing and Community Development
Contact: Teresa Giesting or Kathi Tyrrell
15941 Donald Curtis Dr.
Woodbridge , VA 20108
Phone: 703-792-7535, 703-792-4392
Email: TGiesting@pwcgov.org, KTyrrell@pwcgov.org
Are you interested in finding out how the real estate market has affected your area? Now you can get the latest market reports for your community just by clicking on the appropriate link. Bristow, Catharpin, Dumfries, Gainesville, Haymarket, Manassas, Nokesville, Occoquan, Triangle, Woodbridge, and neighboring Manassas Park.
If you are not sure why it is advantageous to have a knowledgeable REALTOR® represent you and your family's needs, here is a great article to read Why Hire a Professional? You've heard the name mentioned many times before, perhaps read our advertisements, watched our commercials, or even have seen our balloon in the skies...click here to learn more About RE/MAX.
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A 1st Time Homebuyers Guide to buying a home in Virginia
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Maybe you are interested in buying Raw Land for future development, Leasing or, Purchasing Commercial property for business purposes, if so...then you may want to read about the various zoning codes to determine which zoning code will work for you and your intended purposes. You can find the details for this important information by going to the following Prince William County Zoning Codes link.
Thinking of Selling? Get a Free Home Evaluation
Selling Your Home: Where to begin?
Tips for Selling a Home in Prince William County
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Want to Help Sell Your House: Get Lost!
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Keith M. Elliott Jr.
PRINCE WILLIAM COUNTY REAL ESTATE EXPERT
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15100 Washington Street
Haymarket, VA 20169
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