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Not a lease...an unusual offer of a delayed purchase option to create homeownership. Remodeled market rate Co-op Unit is available for Sale (DCDC2097766, $129,900), OR qualified Buyercan enter into 2 or 3 year installment sale agreement to occupy while qualifying to purchase. $1,299 down payment/deposit, $950 monthly pre-settlement use fee, $1,050 use fee in months 13-24 then $1,150. Buyers in good standing after first 12 months, eligible to buy with deferred payment down payment assistance of up to 20% of price ($25,980 max) from Seller (3%annual simple interst charge max $779.40/year). Buyer can seek share loan and apply for HPAP to achieve a lower monthly cost. Coop operating assessent is $210/month (for water, sewer, trash, grounds, halls, commona element mtce, insurance and RE Tax). Requires Installment Purchase agreement (to ensure price and assistance) with Buyer termination and extension rights. Buyer cleans, Seller does normal maintenance, As Is sale.
| 4 weeks ago | Status changed to Pending | |
| 4 weeks ago | Listing updated with changes from the MLS® | |
| 6 months ago | Listing first seen on site |
Not a lease…an unusual offer of a delayed purchase option to create homeownership. Remodeled market rate Co-op Unit is available for Sale (DCDC2097766, $129,900), OR qualified Buyercan enter into 2 or 3 year installment sale agreement to occupy while qualifying to purchase. $1,299 down payment/deposit, $950 monthly pre-settlement use fee, $1,050 use fee in months 13-24 then $1,150. Buyers in good standing after first 12 months, eligible to buy with deferred payment down payment assistance of up to 20% of price ($25,980 max) from Seller (3%annual simple interst charge max $779.40/year). Buyer can seek share loan and apply for HPAP to achieve a lower monthly cost. Coop operating assessent is $210/month (for water, sewer, trash, grounds, halls, commona element mtce, insurance and RE Tax). Requires Installment Purchase agreement (to ensure price and assistance) with Buyer termination and extension rights. Buyer cleans, Seller does normal maintenance, As Is sale.
| 4 weeks ago | Status changed to Pending | |
| 4 weeks ago | Listing updated with changes from the MLS® | |
| 6 months ago | Listing first seen on site |
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