How DC Housing Counseling Services Guide You Step-by-Step
Woman walks into an open house in Columbia Heights. Nice renovation, exposed brick, decent square footage for DC. Asking $675,000. She's been pre-approved for $700,000, has saved $50,000 for the down payment, feels ready.
Then the listing agent mentions something about the Home Purchase Assistance Program requiring owner occupancy for five years. And there's a recapture provision. Also...