Gaelle Garraway Real Estate

08/24/2022

Lots of support being offered to current and potential homeowners in the District! Starting October 1, the new maximum down payment assistance from the Home Purchase Assistance Program (HPAP) will increase from $80,000 to $202,000.

If you already own a home, DC has a $50 million fund supporting homeowners who have fallen behind on eligible payments - mortgage, HOA fees, utilities and more. Swipe through to see the changes to the income table and a snippet from the mayor’s announcement in her newsletter.

08/22/2022

Buying a home? This is an important term for you to know!

Learn about debt-to-income ratio and what it could mean for you when buying a home.

06/10/2020

Check out Business Insider's guide on buying a house - start to finish. In many states, a title company works with the agents, buyer, seller and bank to complete the closing. In other states, like New York, lawyers complete many of these closing duties. If you're thinking about buying here's a great article that outlines the process.

Here's a step-by-step guide to buying a house, from teaming up with a real estate agent and finding out what you can afford to closing on the deal.

04/03/2020

https://www.washingtonpost.com/business/2020/04/01/april-1st-rent-mortgage-payment-due-faq/

The $2 trillion economic rescue legislation passed by Congress last week prohibits rental evictions for 120 days on properties secured with a government-backed mortgage. That covers about half the market for multifamily properties, according to the National Multifamily Housing Council.