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Paul Balzotti
- 2 Answers
- 3 Blog posts
- 10 Listings
Locations:
Web sites:
Profile Link:
Experience:
Realtor for John L Scott Real Estate
March 2003—present
Now in my 7th year of selling Real Estate. Specialize in condominiums and residential…
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Now in my 7th year of selling Real Estate. Specialize in condominiums and residential…
Specialties:
Bellingham and Whatcom County Condominiums, Residential, and Investment Properties
Certifications
& Awards:
& Awards:
President's Club Gold Award at John L Scott Real Estate, Certified Residential Specialist, Accredited Staging Professional, and E-Pro (Internet Marking
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About:
I am Certified Residential Specialist, and top producer, in my 6th year with John L Scott Real Estate. I use the most innovative tools to provide buyers
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Testimonials:
"You can find testimonials at www.PaulBalzotti.com"
Paul Balzotti Sun Nov 15 ... show more
Paul Balzotti Sun Nov 15 ... show more
Paul Balzotti answered:
Hi Deb
It is possible to buy zero down through the VA loan program, but the home you sent a link to would not qualify for VA.
In order to qualify for VA financing, the manufactured home has to be on it's own land, and this home is on leased land in a park.
As for the $8,000 tax credit, you can't use that towards your down payment.. After closing, you can file an amendment to your tax return and get a check in the mail 60-90 days later. Remember that the $8,000 tax credit expires the end of November, and VA loans take an average of 45-60 days, but the good news is that the tax credit has a good chance of getting extended.
I can send you some manufactured home listings that will fit the VA criteria if you'd like (MFH homes on their own land, and built after 1978), and help you out further. Send me an email at paulbalzotti@johnlscott.com if you'd like my help :-)
It is possible to buy zero down through the VA loan program, but the home you sent a link to would not qualify for VA.
In order to qualify for VA financing, the manufactured home has to be on it's own land, and this home is on leased land in a park.
As for the $8,000 tax credit, you can't use that towards your down payment.. After closing, you can file an amendment to your tax return and get a check in the mail 60-90 days later. Remember that the $8,000 tax credit expires the end of November, and VA loans take an average of 45-60 days, but the good news is that the tax credit has a good chance of getting extended.
I can send you some manufactured home listings that will fit the VA criteria if you'd like (MFH homes on their own land, and built after 1978), and help you out further. Send me an email at paulbalzotti@johnlscott.com if you'd like my help :-)
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