The Southside Project is designed to "help" people like, teachers, firefighters, policemen, etc… professional people who do not make the money to typically qualify for a NEWLY CONSTRUCTED 170-200K home. Various assistance is available through;
1) The City of Durham, up to 20K,
2) NC Housing, up to 18K,
3) Duke employed for more than 5 years, 10K available.
(These are 2nd mortgages and to be repaid with RESALE of the home.)
What a fantastic way to to assist those that serve.
Dynamic Urban Location and carefully selected B. Wallace homes.
opportunities to own a
new home in a walkable
48 Exceptional opportunities to own a new home in a walkable Downtown community!
Floor Plans are available and range in price from $170,000 to $198,900.
Many Upgrades available.
Walk to The Warehouses and Durham Bull's Park!!
Call Rick, 919-599-7688 for more info and to view the homes at SOUTHSIDE
How Much Should You Save to Buy a House?Down Payment Requirements for Loans: How much cash you will need to purchase a house is dependent on the loan program, purchase price range and certainly your market area.
• Needs a minimum down payment of 5 percent (varies on maximum loan size in your area). • FHA financing -- Needs a minimum down payment of 3.5 percent. • USDA financing -- Needs no down payment. • VA financing -- Needs no down payment. • Home Path Financing -- Needs 3 percent down payment