First-Time Homebuyers Program


Development:

COTTAGE FARMS
4717 Barnum Lane
Alexandria, VA 22312

4717 Barnum Lane

 

Sales Price:

 $220,940

Note: If the "Purchase Limit" amount on your certificate does not currently meet the required amount for this listing, please contact the Homeownership Resource Center at 703-246-5087 for guidance regarding having the amount increased.

Bedrooms:

 4

Bathrooms:

 2.5

Square Footage:

 2,430

Estimated Down Payment and Closing Costs:

 $15,465

*may vary according to lender and type of loan; estimate is based on 3% down payment and 4% closing costs with a 30-year fixed rate loan. (Note: the Developer will pay up to 3% of your closing costs).

This estimate includes a $1,000 Good Faith Deposit which will be required at the time the contract is signed. The income/debt ratios (Total Housing Cost & Total Debt) required by the First-Time Homebuyers Program are 35/41. The lender pre-approval letter provided with your application for this property must meet the ratio requirements.

Homeowners Assoc./Condo Fees:

 $100 per month

Good Faith Deposit

$1,000.00

Features:

Beautiful New Construction
2-Car Garage
Vinyl Siding
Central Air & Gas Furnace Controlled by Digital Thermosat
Black Kitchen Appliances
Washer/Dryer Hook-ups
Sliding Door off Kitchen
Welled Entrance to Large Unfinished Basement
Conveniently located next to Rt 395, 236 and 95
Close to Shopping, Restaurants,

Schools:

Elementary: Parklawn
Middle: Holmes
High: Annandale

Directions:

Take I-395 to Exit Rt. 236 towards Annandale, Turn right on Beauregard St., make a left on Barnum Ln. to #4717. 

APPLICATION INFORMATION:



PLEASE USE DIRECTIONS ABOVE TO VISIT THIS COMMUNITY. INTERIORS WILL BE SHOWN BY APPOINTMENT OR OPEN HOUSE TO
BUYERS SELECTED THROUGH THE DRAWING. DO NOT DISTURB THE SELLER BY ASKING TO VIEW THE UNIT PRIOR TO THE DRAWING.



 

 Drawing Eligibility

Household Sizes: 4-8 people
Purchase Limit : $220,940
Deadline: March 7, 2013
**The results of this drawing will be posted approximately 5 business days after this listing closes. **
   

 Drawing Application

Certificate #:
Important: Enter ALL EIGHT digits of certificate number.
Email:
Phone:

If you meet the Drawing Eligibility requirements for this drawing and are interested in purchasing this home, please complete the Drawing Application form and click SUBMIT. Those selected by the drawing to purchase will be required to verify household income and eligibility before viewing the unit(s) and signing a sales contract.
PLEASE CLICK THIS LINK FOR IMPORTANT INFORMATION REGARDING APPLYING FOR THE DRAWING

 


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