Dear PoPville – first time home buyer programs?

Photo by PoPville flickr user mixedeyes

“Dear PoPville,

My boyfriend and I are long time DC residents with a strong desire to purchase a home together here in the city. As first time home buyers who earn modest incomes we are beginning to feel overwhelmed by the high cost of real estate in the District. Owning a home here seems to be out of our reach as prices continue to climb and become even more unaffordable. We would like to explore all of our options and among other things have begun researching first time home buyer programs. We are also looking into making a purchase from a DC tax sales auction for vacant property. Is there anybody who has made a purchase at an auction? Anybody with knowledge of the process that they care to share? We are in the gathering phase of our research and welcome all advice!”

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