This beautiful 4-bedroom, 3-bath home offers approximately 2,131 sq. ft. of comfortable living space with an open-concept floor plan, spacious kitchen, inviting living areas and plenty of room for a growing household.
With $9,747 in Down Payment Assistance plus $9,747 in Closing Cost Contribution, qualified buyers may have two attractive ways to purchase this home:
Option 1 — Buy With Less Out of Pocket Estimated borrower funds at closing: $1,257.56 Plus 1% Earnest Money: $3,249.00 Estimated Total Out of Pocket: $4,506.56
That means a qualified buyer may be able to purchase this $324,900 home with less than $5,000 in total estimated buyer funds.
Option 2 — Lower Your Starting Monthly Payment with a Temporary 2-1 Buydown Estimated borrower funds at closing: $8,650.22 Plus 1% Earnest Money: $3,249.00 Estimated Total Out of Pocket: $11,899.22
With the temporary 2-1 buydown:
Year 1 P&I: approximately $1,688.25/month — saving about $407.45/month Year 2 P&I: approximately $1,887.09/month — saving about $208.61/month Year 3 onward P&I: approximately $2,095.70/month
Edi Shek helps structure the transaction as both the Buyer’s Representative and Mortgage Loan Originator, combining available assistance, negotiated contributions and financing strategies to help qualified buyers reduce either their upfront costs or their beginning monthly payment.