Rockville mpdu for sale

Welcome to this lovely 3 bedroom townhome, located in the highly desirable neighborhood of Regent Square in Rockville.

To provide access to affordable homes, the City of Rockville requires for-sale properties to be available to Rockville residents at more affordable prices than for-sale market-rate homes. Homebuilders are required to set aside a certain percentage of affordable for-sale homes and prospective homebuyers have specific requirements to meet in maintaining ownership and eligibility. After completing the application process, you will be placed on a waiting list in order to purchase an MPDU home. The waiting list is given to builders who are selling newly constructed homes and to current owners who are selling their MPDU homes. Sellers are instructed to contact people in the order in which they appear on the list based on household size.

Rockville mpdu for sale

Below is a listing of current and recent MPDUs available for sale. Click on the development name for more information about the units addresses, floor plans, interior and exterior features, etc. The loan pre-qualification amount on your Certificate of Eligibility must be at least as much as the minimum listed for the MPDUs in that development. In order to be considered in the Random Selection Drawing, your household size must qualify you for the number of bedrooms in the MPDU:. Household Size. Number of Bedrooms. These households will initially be disqualified in these drawings, but will be considered if no households with 3 or more persons decide to purchase the MPDU. When open house attendance is required, click on the development name on this page, click on the development name again on the MPDU Property Detail page, and check the flyer for the open house schedule. You will need this number to enter the drawing for the MPDU. Selection results are available after the drawing date has passed by clicking on the development name and then clicking on Random Selection Results. Certificate numbers of qualifying households will be listed in the order in which they were randomly selected. Households with the most priority points will be listed first. If your household size is not a match for the number of bedrooms in the MPDU, or if your loan pre-qualification amount is less than the minimum, your certificate number will not be included in the selection list. Your number will be listed with other certificate numbers that have been disqualified from the drawing, along with the reason s. A household must have valid a MPDU certificate to enter a drawing.

Declining an Offer to Purchase an MPDU Home If a qualified person on the waiting list is not interested in the available home, they can decline to purchase the home. Greater Washington Urban League.

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To provide access to affordable homes, the City of Rockville requires for-sale properties to be available to Rockville residents at more affordable prices than for-sale market-rate homes. Homebuilders are required to set aside a certain percentage of affordable for-sale homes and prospective homebuyers have specific requirements to meet in maintaining ownership and eligibility. After completing the application process, you will be placed on a waiting list in order to purchase an MPDU home. The waiting list is given to builders who are selling newly constructed homes and to current owners who are selling their MPDU homes. Sellers are instructed to contact people in the order in which they appear on the list based on household size. Larger households household size of four or more will be given first priority. If there are an insufficient number of households of eligible size, smaller households will be contacted until the MPDU homes are sold. If a qualified person on the waiting list is not interested in the available home, they can decline to purchase the home. Their name remains on the list of eligible people, which is given to future builders or sellers of for-sale MPDU homes.

Rockville mpdu for sale

Welcome to your urban oasis! This charming 1-bedroom, 1-full bath garden style condo offers a perfect blend of modern convenience and cozy comfort. Step inside to discover a recently updated kitchen boasting a stylish backsplash that adds a touch of elegance to your culinary space. With a stacked washer and dryer conveniently tucked away, laundry day becomes a breeze. Say goodbye to manual adjustments with automatic blinds enhancing privacy and ambiance in both the bedroom and dining area. Enjoy year-round comfort with a new coil in the HVAC system ensuring efficient heating and cooling.

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An open space community courtyard is just on the other side of your fence. Save search. Plenty of parking space. All filters. The owner must provide the city with an itemized list of all improvements for which credit may be requested as part of the resale price. The 1, sq. Kings Overlook. Please contact the listing agent for more information. Arrow Left Arrow Right. Click on the development name for more information about the MPDUs addresses, floor plans, interior and exterior features, etc. Your number will be listed with other certificate numbers that have been disqualified from the drawing, along with the reason s. The unit features square feet of finished living space and a covered garage space in the building garage.

MPDU rentals are available in a number of properties throughout the city. Applicants must submit their MPDU applications through the rental properties.

The owner must permit the city to inspect the MPDU home as part of the resale price determination process. The buyer must commit to own the home for a period of 30 years. If the owner does not agree with the resale price determination, they have 14 calendar days to request reconsideration. When open house attendance is required, click on the development name and contact the realtor for open house schedules. Such convenient location, Close to shopping and Ample closets and cabinets for all your storage needs. This condo sold as is. Rockville is a moderately walkable city in Montgomery County with a Walk Score of The primary bedroom features a walk-in closet and en-suite bathroom. The building offers lots of amenities including elevators, a pool, and fitness center. Larger households household size of four or more will be given first priority. If a qualified person on the waiting list is not interested in the available home, they can decline to purchase the home. Don't worry about needing to rep. In the past month, 36 homes have been sold in Rockville.