DId you have any luck? July is here!

Sat Jul 12 2008, 08:57

Talk to a Mortgage Loan Officer about the plans available. A buyer is buying my listing with various assistance now, with nothing down. It is easy to buy now.

Sun Jul 6 2008, 17:38

Jg:yes there is FHA and peferred buyer assistance program,that could work w/the right home and margins.I'd work w/you we got to hustle now,see if you dont sign a lease,sometimes,you automatic are on a mon to mon.It will be hetic but it would bewhove you to look,cuz as you know its a great time to buy.call me w/any ?'s

Regards;

TJ

Thu May 29 2008, 03:47

Hi Jg,

Just checking to see how your search is going. It can take 30 days to get into a home from offer to purchase so don't put off your decision too long.

Best wishes!
Cheryl

Wed May 28 2008, 14:31

Which Dublin - Ohio? or California? The new FHA loans also allow little down (3%) which can be a gift, or CAL-FHA I think is no down. It matters a lot though on which state. You can pretty much call any lender, and ask if they are approved to do the FHA loans (not all are) and they are a great option. Good luck!

Mon May 12 2008, 14:13

Hi Jg. Your friend is correct, you can get a 100% financed loan. One resource is the USDA Rural Development, depending on where you're looking to purchase. More info available on their website listed below. The house I have for sale is eligible for a loan through USDA.. if you're looking to move to Fayetteville, Ohio... Send me an email! forsale45118@gmail.com

Sun May 11 2008, 10:49

You have already received a lot of good advice about beginning with a lender and making sure you have reserves to cover the expense of owning a home. Let me answer your question about buying NOW with NO money down.

Now is a great time to buy for the following reasons:

- Home prices are low
- Interest rates are low
- FHA still allows sellers to offer down payment assistance
- FHA has raised loan limits which helps you buy more home in Dublin Ohio
- Buying allows you to write off mortgage interest on your taxes
- Buying has the potential to begin earning equity (provided home prices rise)

There is no better time to buy provided this is the right time for you. Start with a lender and you will be on your way to owning a home. Let me know if I can answer any other questions!

Sat May 10 2008, 15:18

Jg I could give you a couple of lenders to talk to.Then you know if you can buy or you have to wait 6months etc... but I would not recomment 1 yr lease,Most of time you can be on a month to month w/o lease.Keep me posted.

Regards;

TJ

Sat May 10 2008, 13:23

Signing a new lease right now is not a good idea, you will loose the buyer's market opportunnity to buy your home w/ low interest rate and the best time to negotiate.
There are alots of excellent loan programs, talk with your lender and explain your situation no one better then your loan officer to help you w/ this question.
Thanks and good luck!
Luci Edwards

Sat May 10 2008, 12:44

Before you sign another lease, you should check with a lender and see if you are in a position to buy now. There may never be a better time to buy than this summer. 100% loans are pretty much a thing of the past, however, there are a number of loan programs available that combine high loan-to-value loans with down payment assistance or grants which can cover your downpayment. Check with your Realtor to get the name of a reputable lender to work with. A word of caution - owning a home costs money, and you need to have a financial reserve in case of unexpected expenses or job changes. Many of the current foreclosure problems were caused by buyers putting their last dime into buying a house, and then being hit with unforeseen expenses. Please don't let that happen to you.

Sat May 10 2008, 11:28

This is a great market for Buyers for several reasons. You should have a wide variety of homes to choose from because inventory is high. Great interest rates at historically low levels, which will probably allow you to buy a home that was once out of your price range. As for prices, most of the nation is in a declining market, so you should be able to get a great price for the home. I say stay focus and buy your new home.

Sat May 10 2008, 11:01