Due to the fact Ann Arbor casing rates soar, Bank away from America now offers the make it possible to homebuyers
Ann Arbor is considered the most no more than 13 teams about country where over 1 / 2 of land offered is cash-only selling, Keifer told you

A great about three-room, step 1,578-square-foot house on 617 Hiscock St. inside the Ann Arbor noted on the market getting $599,900 with the . Ryan Stanton | The latest Ann Arbor Development
ANN ARBOR, MI – Casing pricing on Ann Arbor urban area will still be aside off take of several, but moderate-earnings homebuyers currently have a new choice to get into new home.
Combined with the bank’s closing-costs gives, qualified homeowners now can found to $17,500 to put into down payments and you can closing costs.
A two-bedroom, step 1,196-square-base home at 703 Miner St. into the Ann Arbor indexed obtainable for $495,000 towards . Ryan Stanton | New Ann Arbor News
I’ve got the down-fee give program in a few , the guy told you, describing they currently is present within the Wayne, Oakland, Macomb, Livingston, St. Clair and you will Lapeer counties in the southern area of Michigan and has aided tens off thousands of people get to homeownership.
We wished to include Washtenaw County to this roster also, he said, adding it is a hot housing market and you may prices are upwards about 4% more than a year ago, which have a median sales speed into state at $350,000 as well as Ann Arbor in the $570,000.
Enough lower- to help you moderate-money family are increasingly being secured out of homeownership simply predicated on brand new catalog in your neighborhood, the guy said. And so we say, hello, this is certainly obviously a residential district that requires the support.
A good about three-rooms, step 1,024-square-foot home in the 329 S. Seventh St. inside Ann Arbor detailed offered having $350,000 into the . Ryan Stanton | The newest Ann Arbor News
Consumers that have home income to $94,240 a-year qualify towards has within the Washtenaw State. (more…)