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3 affordable homes left in Washington, CT for sale. Why rent when you can own?

We have three homes left for sale at Myfield Lane under the limited equity program. Home ownership may be closer than you think!

I have heard so many people say they wish they could afford a house of their own, and this might be the place. Set in the New Preston section of Washington, convenient to Route 202, minutes from Lake Waramaug these wonderful homes are waiting for their new owners. The homes have an open floor plan, large living room and kitchen and two large bedrooms.

Myfield Lane, affordable housing in Washington CT

100% financing available to qualified buyers through the USDA Rural Guarantee Housing Development Program.

First you must apply to the program, we have all the forms for you. If you are accepted you can apply for the USDA home loan, which is a great product. This can be 100% financing!

How does this limited equity housing work? Why is it affordable housing?

2 homes priced at $165,000. (60% units)

These homes are to be built, we are looking at a 2-3 month build time. They will be similar to the photo above.

  • 1,740 square feet
  • 2 bedrooms
  • 1.5 bathrooms
  • 2 car detached garage
  • Propane heat
  • Full, unfinished basement

1 home left priced at $187,500. (80% unit)

Built in 2008, there is just the one unit left at this price. See photo above.

  • 1,904 square feet
  • 2 bedrooms
  • 2.5 bathrooms
  • 2 car detached garage
  • Propane heat
  • Full, unfinished basement

INCOME ELIGIBILITY REQUIREMENTS FOR MYFIELD LIMITED EQUITY HOME OWNERSHIP

60% units: Number of persons in family/income limits
 1/$36,246  2/$41,424  3/$46,602   4/$51,780  (limits higher for more than four people)

80% units: Number of persons in family/income limits
 1/$48,328  2/$55,232  3/$62,136   4/$69,040  (limits higher for more than four people)

The income eligibility is based on the current State of Connecticut median income level of $86,300.

Check out a property flyer for the limited equity homes available for sale at Myfield Lane in Washington, CT here!

Why rent when you can own one of these limited equity, affordable homes in Washington, CT?

 

Andrea Swiedler, Realtor, Southern Litchfield County Real Estate

2017 President, Greater New Milford Board of Realtors

2017 Connecticut Magazine 5 Star Realtor

 

 Search homes for sale in Litchfield County, CT.

 

Coldwell Banker Residential Brokerage

Litchfield County Regional Office,375 Danbury Rd, New Milford, CT 06776

 

© Andrea Swiedler 2009 - 2017

 Always do right. This will gratify some people and astonish the rest. - Mark Twain

Comment balloon 5 commentsAndrea Swiedler • July 11 2013 07:44PM

Comments

I have a feeling this headline is going to get you some of that google milk you like so much.  I use the word "affordable" a lot in my titles and many past clients told me that's what they searched for.

And that's an awesome price for new construction too.

Posted by Tammy Lankford,, Broker GA Lake Sinclair/Eatonton/Milledgeville (Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668) over 7 years ago

By the sounds of your post, those last three won't be around long Dean, Dean.

Posted by Roger D. Mucci, Lets shake things up at your home today! (Shaken...with a Twist 216.633.2092) over 7 years ago

Sounds like 3 great homes! Best wishes for a speedy sale!

Posted by Jonathan Benya, The Benya Group (The Benya Group) over 7 years ago

Andrea I suspect these won't last.   I like the way you showed these potential buyers , how the purchase can be financed and the income qualification.

Have a great weekend.

Posted by Jennifer Fivelsdal, Mid Hudson Valley real estate connection ( JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571) over 7 years ago

Tammy, there is more to come! These are specifically for people with lower incomes and they are a great way to purchase a home!

Roger, Roger, I hope so! Great deal for those that are dreaming to purchase a home!

Jonathan, thank you!

Jennifer, thank you. There are even many agents who tell me they had no idea how it works until they read my posts about it!

Posted by Andrea Swiedler, Realtor, Southern Litchfield County CT (Berkshire Hathaway HomeServices New England Properties) over 7 years ago

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