gd afternoon i would like information on this house. i would like to know what would be the least amount

Asked by Jackie Pacheco, Tampa, FL Sat Jul 9, 2011

as down payment.the home looks very beautiful

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Alma Kee, Agent, Tampa, FL
Sun Jul 10, 2011
Hi Jackie,

The listing agent included the following info:

"FIXER-UPPER sold AS-IS. Kitchen missing cabinets, countertops, sink, appliances. Roof needs repairs. No inspection report available. Please see in-person to determine condition"

A regular FHA mortgage cannot be used to buy this house. Also in Hillsborough County you cannot get the dowpayment assistance if you are a first time homebuyer if the house is not in good enough condition for FHA, VA or a USDA mortgage. Pasco County's programs will allow repairs to a house for some of their downpayment assistance programs.

You could include up to $35k of non-structural repairs into your mortgage with an FHA 203K and put up 3.5% down. So let's say the repairs are $20k; then you would need about $5,250 down payment to buy a $150k house.

This one is a new listing in Citrus Pointe near the Citrus Park mall. It is near the elementary & middle school and for High School it attends the "A" rated Sickles High! You would only have to put down about $3,800.

If you're not yet working with a Realtor, please call me and we can go see this house today! You should put your offer in no later than 10 am tomorrow or they may go with another offer. It was pending sale and just came back on the market. Take a look:…

All the best,
Alma Rose Kee, PA
Future Home Realty
Westchase Office
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Jorge vazquez, Agent, Tampa, FL
Sun Jul 10, 2011
Hi Jackie,

I would not know much about the property since we only work with investment properties we buy at the court house and only deal with investors looking for cash flow.Good luck with your search!

Jorge Vazquez
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Carlos Parra, , Tampa, FL
Sat Jul 9, 2011
Good afternoon Jackie,

I highly recommend you call Leo Gonzalez with Quantum Realty Solutions.
Leo Gonzalez is one of my preferred realtors. He helps all my clients and can provide you the guidance you need to help you with your new home purchase and the bidding process.

Leo Gonzalez
Quantum Realty Solutions

If you all ready have a trusted Realtor that you are working with then I would advise you to rely on his/her experience to help you with the property bidding process.

I can however help you with your financing. We Guarrantee you the lowest interest rate, fast closing, and personal service.

We have every program available to you and we take great pride in helping our clients accomplish their goals!

Please call me, I would love the opportunity to assist you with your new home purchase.
You can reach me at 813.322.3252 Ext 102.

Kindest Regards,

Carlos Parra
Home Loans By U, Inc.

Lower Rates, More Options, Family Lending.
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Mario Tamayo, Agent, Tampa, FL
Sat Jul 9, 2011

I would like to help you from start to finish. Currently the typical FHA loan requires at least 3.5% Down. but if you are able to qualify for a VA loan there is very little to place down. This paricular home you are interested in has a contract on it. they are however looking for back up offers just incase this one does not payout.
Yoiu may contact me at 813-918-6996 or by e-mail at and I will be glad to provide additional information for you.
Thank you ,
Mario Tamayo
0 votes
Lisa Reeves, Agent, Tampa, FL
Sat Jul 9, 2011
This property is under contract and closing in 2 weeks - but they are taking back-ups. It also needs some works so the best you might be able to do is a FHA 203K. If the repairs are higher than allowed on a 203K then you would have to pay 100% cash. I have attached the listing for your information. I would be happy to send you properties that are FHA eligible and financeable with as little as 3.5% down. You may also do a bond mortgage which allows you to use a state level down payment assistance for closing costs and your 3.5% down payment. Call me for more information.
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