The one-story homes will be sold - net of the assistance listed above - for a sale price of $220,000.
A minimum downpayment of 1% will be utilized to pay the upfront cost of mortgage insurance. And closing costs are likely to exceed the MaineHousing assistance by about $1,000. Thus, homebuyers will have to demonstrate to the lender that they have at least $3,100 in available cash for closing. Additional downpayments can be utilized to reduce the mortgage below $220,000 if desired and available.
The one-story homes will be sold - net of the assistance listed above - for a sale price of $220,000.
A minimum downpayment of 1% will be utilized to pay the upfront cost of mortgage insurance. And closing costs are likely to exceed the MaineHousing assistance by about $1,000. Thus, homebuyers will have to demonstrate to the lender that they have at least $3,100 in available cash for closing. Additional downpayments can be utilized to reduce the mortgage below $220,000 if desired and available.
The one-story homes will be sold - net of the assistance listed above - for a sale price of $220,000.
A minimum downpayment of 1% will be utilized to pay the upfront cost of mortgage insurance. And closing costs are likely to exceed the MaineHousing assistance by about $1,000. Thus, homebuyers will have to demonstrate to the lender that they have at least $3,100 in available cash for closing. Additional downpayments can be utilized to reduce the mortgage below $220,000 if desired and available.
Important Information
Important Information
1st Annual Heritage Housing Trust Scoop Off + 2nd Birthday Party
Well, THAT was a blast. Thank you to everyone who celebrated our 2nd Birthday at the 1st Annual Heritage Woods Scoop-Off! We danced all night long to the amazing music of Nomadic Grooves. We tasted delicious (cold!) ice cream from Ben & Jerry's, Goose Rocks Dairy, Aunt Marie's, Big Daddy's Ice Cream, Rococo Artisan Ice Cream- and deemed "Chocolate Explosion" by Shaker Pond Ice Cream the "Flavor of the Summer"! Everyone enjoyed the amazing food of The Baked Bean while the kids bounced (and bounced and bounced) in the the bounce house.
Thank you to our incredible sponsors (and friends) who made this event possible- Alisson's Restaurant, CentralMaine Pyrotechnics, The Nonantum Resort, Cape Porpoise Lobster Co, Norway Savings Bank, Hurricane Restaurant, Town of Kennebunkport and all of our dedicated volunteers. Thank you to Shelby Burby of Burby & Co for capturing the great energy and amazing images of the evening.
Save the date. We'll see you August 2022 for the 2nd Annual Scoop Off!
