Monthly Archives: June 2023

Eastside home for sale: $186,000

Affordable Eastside Home for Sale:
230 N Marquette St.
Madison, WI 53704

  • 3 Bedroom 1 Bathroom 1019 Square Foot home: $186,000
  • Newly constructed detached 2 car garage
  • Large enclosed sunroom
  • New roof, entry stairs, dishwasher, water heater and water softener
  • Recently replaced siding, soffit, fascia, and flooring
  • Walking distance to Starkweather Creek path and bus stops

More information HERE (más información en Español)

ELIGIBILITY CRITERIA FOR THIS HOME

  • Household income must be below 80% county median income (see table below)
  • You must not own other property at the time of closing
  • The maximum amount of “liquid assets” that you can have in reserves after closing cannot exceed the equivalent of twelve months of Principal, Interest, Taxes, Insurance and lease fees
  • Submit a program pre-application to determine eligibility
  • Attend an MACLT orientation with staff
  • Be pre-approved for a mortgage at the value of the house available, with necessary down-payment or down-payment assistance
  • Attend a HUD certified homeowner education workshop (completion certificate valid for 18 months)

2023 Maximum household gross (before taxes) income limit (80% Dane County Median):

Household SizeIncome Limit
1$66,300
2$75,750
3$85,200
4$94,650
5$102,250
6$109,800
7$117,400
8$124,950