FAQs

Selling or buying a home can be an overwhelming experience. Here are some frequently asked questions that my clients have asked!

Buying a Home in Maryland or DC

1. Is now a good time to buy a home in Maryland or Washington, DC?

2. What is the average home price in Maryland?

3. How much do I need for a down payment? Are there programs to help with down payments and closing costs?

Down payments commonly range from 3% to 20%, depending on your loan type. Maryland and DC offer several programs that can reduce the upfront amount—including grants and down‑payment assistance.

Maryland offers strong options like the Maryland Mortgage Program (MMP), down‑payment assistance, tax credits, and county‑specific buyer incentives. These programs can lower upfront costs and monthly payments.

Washington, DC offers some of the most generous down payment and closing cost assistance programs in the country, primarily through HPAP and DC Open Doors. These programs aim to help first-time buyers—especially low‑ to moderate‑income households—afford the upfront costs of homeownership.

Why is housing so expensive in Maryland and DC?