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Front of 1708 Brisbane Street, Silver Spring, MD — brick Cape Cod built in 1948 with a covered front porch, bay window, and flowering shrubs in Forest Estates

1708 Brisbane Street

Silver Spring, MD 20902

$690,000
4Beds
2Baths
1,908Sq Ft
1948Built
Forest EstatesNeighborhood

Love the home. Let’s talk payment. Two ways in: $0 down payment options, or special financing with rates starting as low as 3.99% for qualified buyers. Call Liz at (301) 401-3021.

103 days on market · $9,000 price cut · as of Nov 8, 2026 · Detached studio / possible ADU · No HOA

Section 1 — Lowest Payment: The 3-2-1 Buydown

A seller-funded temporary buydown, structured into a creative offer. Your payment starts low and steps up once a year for three years. Subject to an acceptable offer, seller agreement and lender approval.

3.99% Year 1 payment rate*  ·  $3,266.11/month principal & interest

PeriodPayment rate*Monthly P&I
Year 13.99%$3,266.11
Year 24.99%$3,672.77
Year 35.99%$4,102.22
Years 4–306.99%$4,552.39

Taxes, insurance, HOA and mortgage insurance are additional.

How the scenario is built

  • Creative offer price: $721,000 (list price $690,000 + buydown funding).
  • 5% down: $36,050 · Loan: $684,950 · 30-year fixed at a 6.99% note rate.
  • Buydown funding requested: $31,000 (estimated buydown cost $31,393).
  • Comparison payment: $4,471.67/month at 7.25% on the $655,500 base loan (95% of the $690,000 list price).
Save $1,205.56/month in Year 1 — about $28,487 over the first 3 years. Year 1: save $1,205.56/mo · Year 2: save $798.89/mo · Year 3: save $369.45/mo. Savings are measured against the $4,471.67/month comparison payment above. Subject to an acceptable offer, seller agreement and lender approval.

APR 7.210% — The 3-2-1 buydown scenario above carries a 6.99% note rate with 7.210% APR. Based on an 800 credit score, 5% down payment, first-time homebuyer. Rates as of November 8, 2026. Rates subject to change without notice.

Section 2 — $0 Down, 100% Financing

For qualified buyers. Two paths to buy this home with no down payment of your own, plus an option for eligible veterans. Paul will check which path fits you.

  • Path 1 — Maryland Mortgage Program (MMP) assistance: buy with $0 down if your income qualifies. MMP assistance can cover your down payment, so qualified buyers can get in without saving a down payment first. Best first check for buyers whose income falls within program limits.
  • Path 2 — Creative 100% financing, NO income caps: income too high for MMP? Creative 100% financing options with no income caps, for qualified buyers.
  • VA buyers: $0 down, no income cap, for qualified buyers with VA eligibility.

Seller help may also apply with an acceptable offer. Talk to Liz and Paul about how an offer can be structured for this home.

Why This Home Stands Out

  • Detached 625 sq ft loft studio — possible ADU, guest space, studio or rental flexibility.
  • Classic 1948 Cape Cod — 4 beds, 2 baths, 1,908 sq ft on a 0.15-acre lot.
  • No HOA in Forest Estates, Silver Spring 20902.
  • $9,000 price cut already taken (Oct 19) from the original $699,000 list.
  • At 103 days on market with a price cut already on the table, the seller is showing flexibility — and terms can matter as much as price.

How the Creative Offer Works

1. Tour the home with Liz

See the house and the neighborhood in person.

2. Review the payments with Paul

Go through the 3-2-1 buydown and the $0-down paths for this house, line by line.

3. Build an offer the seller can accept

The financing is structured into the offer, subject to an acceptable offer, seller agreement and lender approval.

Schedule a tour — (301) 401-3021   Review payments with Paul

Two Flyers for This Home

One for each path. Open either full size or save it to share.

Flyer A — 3-2-1 buydown flyer for 1708 Brisbane Street

Flyer A — 3-2-1 Buydown

Flyer B — $0 down flyer for 1708 Brisbane Street

Flyer B — $0 Down

Listing Courtesy of Liz MacLaren, MacLaren Homes at RE/MAX Results