Baltimore Neighborhoods Live Baltimore Buying Into Baltimore this
Saturday, September 12th
Live Baltimore will host the
2009 Buying Into Baltimore
East Trolley Tour.
The event is 9am – 2pm and will be held at:
Baltimore City College High School
3220 The Alameda at 33rd Street
Baltimore, MD 21218
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REGISTER
ONLINE
NOW TO
AVOID ON-SITE REGISTRANT LINES!!
At the event there will be guided tours of a variety of neighborhoods
ranging in style, price and geographic location. Upon
registration you will receive a “ticket” and during
the
tour you will get your ticket stamped at four individual
homes.
The
guide tours are narrated and provide first hand knowledge of the area.
You are also welcomed to drive the tour routes yourself. Maps and
driving directions are provided. You must get your
ticket stamped at four of the sixteen homes on the tour.
Which boundaries
determine East Baltimore for purposes of the Buying Into Baltimore
Trolley Tour?
Boundary dividing line:
Starting from the North (Baltimore City/Baltimore County Line)...
• Head south on Charles St.
• To west on 29th St.
• To south on Howard St.
• To west on Camden St.
• To east on Russell St. and
continue to County
Line
Is my house on the
East or West side of the boundary?
If you have a home in mind and want to know if it qualifies for the
West or East side, use an online mapping application, like
I-map, to plot the address and compare its location to the boundary
line.
You actually get the award by taking your validated ticket, sales
contract, and photo ID to the Baltimore City
Homeownership Office.
You will be
eligible for the award funds if all of the following conditions are met:
- A housing counseling
certificate is required before a commitment
letter for award funds will be issued. Counseling must be completed
prior to signing a contract of sale. We urge you to get this housing
counseling as soon as you can; it must be completed BEFORE signing the
sales contract. Click here for a list of housing counseling agencies.
- You are one of the first 50
people to submit the validated home
tour ticket, valid homeownership counseling certificate, and signed
contract of sale to the City's Homeownership Office.
- You must use this home as
your primary residence.
- You close on your new home
within 90 days from the event date.
Contracts signed prior to September 12, 2009 will not be eligible for
the award funds.
- Your property is within the
fair boundaries.
- Your mortgage amount cannot
exceed $417,000.
- You are encouraged to use a
Fannie Mae or Freddie Mac approved
lender.
- You must invest a minimum of
$1,000 from personal funds/resources.
- The award is secured by a
Deed of Trust written for a five-year
term; the payback obligation reduces 20% for each year of occupancy and
is released after the five year period.
- Purchase contracts must be
signed and dated after the
“Buying into Baltimore” event, not before.
Contracts signed
prior to the event date will not be accepted.
- Questions? Call Baltimore
Housing’s Office of Homeownership
directly at 410.396.3124.
Baltimore Realtors experienced in working with the
Buying
Into Baltimore Trolley Tours,
first time buyer closing programs,
and the Live Near Your Work initiative are just an e-mail or phone call
away.
Urban
Living Realty
(410) 952-2641 phone
© 2009 Nishika N. Jones Baltimore Neighborhoods Buying Into Baltimore Eastern Trolley Tour