REO / Foreclosure / Short Sale Homes
Paradise, Chico, Oroville Home Bargains, Zero Downpayment Homes OAC
October 23, 2009 by Steven Chain · Leave a Comment
PARADISE, CHICO, OROVILLE HOME BARGAINS, ZERO DOWNPAYMENT HOMES OAC
Existing Homes and property for the construction of your BRAND NEW HOME are available. NOT Manufactured Homes here, NO, NO. These are Site Built Homes.
United State Department Of Agriculture USDA home loans guarantees up to 102% Paradise,Chico Oroville Homes For Sale.
Buyer’s in the market for a new home, with limited funds available for down payment, would do well to consider the USDA Rural Home Loan program. Zero down payment is possible with this loan program. These loans are designed for low to moderate income families. For example in the California North State the income range for a family of 4 is $46,650 to $73,600. FICO scores of 620 are generally required. USDA Rural Home Loan guaranteed loans have fixed interest rates with a 30 year term. The loans are designed for new construction, rehabilitation or existing homes.
The loans are provided based on eligibility areas. These areas generally have populations between 10,000-25,000 or open country. Therefore those areas surrounding Paradise,Chico and Oroville in Butte County provide numerous areas of eligibility. Paradise,Chico, Oroville Homes For Sale.
This is not a commitment lend. This information is provided as a service by your Realtor. A commitment to lend would be determined by completed application, OAC,buyer/ property eligibility and program status. Paradise,Chico, Oroville Homes For Sale
Paradise, Chico, Oroville REO Bargains, Purchase/ Rehabilitation Loans
October 23, 2009 by Steven Chain · Leave a Comment
PARADISE, CHICO, OROVILLE REO BARGAINS, PURCHASE REHABILITATION LOANS
The Bargains: Are you a Buyer, in the market for a home and seeking some real bargains. We would like to draw you attention to some often overlooked bargains in the real estate market in Paradise, Chico, Oroville. There are really two categories of REO homes for sale. Those that are ready to move in and fixer- uppers. These fixer-uppers are additionally undervalued due to the inventory of ready to move in homes for sale. We have developed a team to assist you in taking advantage of these real estate bargains. Many times fixer-upper properties are overlooked due to the challenges created in assessing the costs of the repairs as well as funding the purchase and rehabilitation, in a cost effective and timely fashion. We are able to provide you with these services in the following areas: Paradise, Chico, Oroville Real Estate.
The Benefits: Homes in this category can reap immediate rewards due to the increased value of the home once the work is completed. Final cost savings averaging approximately 10% under those of ready to move in homes can often be expected. Another added benefit is the enjoyment the rehabilitation improvements bring to your new Paradise, Chico, Oroville Real Estate. Due to the rehabilitation these homes require they do not generally attract the bidding activity of other low priced ready to move in homes.
The Loan: FHA 203K Rehab/Purchase loan. This loan is available with Loan To Value limits as high as 110%. The Rehabilitation portion of the loan can be as high as $35,000. Down Payments are 3.5%. Zero Down Payment Purchases are available through separate loan programs.
The Process: We have developed a uniquely comprehensive program to assist you with these property purchases and the challenges they represent. Our team consists of experienced Realtors and Licensed Contractors (lic. #360678) to provide all the services necessary to assist you with a smooth home purchase. We will assist you with the following:
- Prequalifying for the FHA 203k loan.
- Targeting homes that are within your budget and have what we refer to as “Good Bones”. We want to insure that the home you purchase will yield maximum benefits from the rehabilitation work. Our team of experts are able to assist you with a rapid 3 step evaluation process to determine the home’s rehabilitation potential.
- Once the potential of the home is confirmed. We work with you the buyer to develop a rehabilitation plan that fits the home’s needs as well as your vision for your home.
- Purchase of the property including coordination with the FHA lender.
- Contracting and timely completion of the rehabilitation phase for your new Paradise, Chico, Oroville Real Estate
- Prequalifying for the FHA 203k loan.
- Targeting homes that are within your budget and have what we refer to as “Good Bones”. We want to insure that the home you purchase will yield maximum benefits from the rehabilitation work. Our team of experts are able to assist you with a rapid 3 step evaluation process to determine the home’s rehabilitation potential.
- Once the potential of the home is confirmed. We work with you the buyer to develop a rehabilitation plan that fits the home’s needs as well as your vision for your home.
- Purchase of the property including coordination with the FHA lender.
- Contracting and timely completion of the rehabilitation phase for your new Cottonwood home for sale.
- As you may know banks are not required, nor do they have sufficient information, to provide you, the Buyer, with Disclosures on the condition of the property you are considering purchasing. The purchase of REO/Foreclosure properties can be both challenging and rewarding. How do you assess the condition, purchase the home and finance necessary repairs or upgrades to your new home? (You need qualified answers to these questions.) Chain Real Estate Investment & Mortgage / Chain Enterprises is uniquely qualified to assist you.
- Chain Real Estate has over 30 years of on-going construction experience, through our sister company, Chain Enterprises. While not a substitute for 3rd party inspections, we believe our experience provides you, our client, an extreme advantage. We believe this advantage is unique, saving you time and expense when evaluating any property purchase, but particularly when that property is an REO/Foreclosure property. We are able to provide you with cost and feasibility information to assist you in evaluating the repair, remodel and financing of your perspective new home.
This is not a commitment to loan. This information is provided by your Realtor to provide you with the knowledge that home ownership is more than just a dream. Loans oac and are subject to HUD guideline, lender and property approvals.
REO Fixer-Upper Bargains, Cottonwood CA Homes For Sale , FHA 203k
September 19, 2009 by Steven Chain · Leave a Comment
The Bargains: Are you in the market for a home and seeking some real bargains. We would like to draw you attention to some often overlooked bargains in the real estate market in Cottonwood homes for sale There are really two categories of REO homes for sale. Those that are ready to move in and fixer- uppers. These fixer-uppers are additionally undervalued due to the inventory of ready to move in homes for sale. We have developed a team to assist you in taking advantage of these real estate bargains. Many times fixer-upper properties are overlooked due to the challenges created in assessing the costs of the repairs as well as funding the purchase and rehabilitation in a cost effective and timely fashion. We are able to provide you with these services in the following areas: Cottonwood, Redding, Anderson, Red Bluff, Chico and Oroville
The Benefits: Homes in this category can reap immediate rewards due to the increased value of the home once the work is completed. Final cost savings averaging approximately 10% under those of ready to move in homes can often be expected. Another added benefit is the enjoyment the rehabilitation improvements bring to your new Cottonwood home for sale. Due to the rehabilitation these homes require they do not generally attract the bidding activity of other low priced ready to move in homes.
The Loan: FHA 203K Rehab/Purchase loan. This loan is available with Loan To Value limits has high as 110%. The Rehabilitation portion of the loan can be as high as $35,000.
The Process: We have developed a uniquely comprehensive program to assist you with these property purchases and the challenges they represent. Our team consists of experienced Realtors and Licensed Contractors (lic. #360678) to provide all the services necessary to assist you with a smooth home purchase. We will assist you with the following:
This is not a commitment to loan. Loans oac and are subject to HUD guideline, etc.
Added value to Buyers of Foreclosures and REO properties
May 8, 2009 by Steven Chain · Leave a Comment
Dear 2009 Home Buyer:
Why Choose Chain Real Estate Investment & Mortgage As Your Agent To Handle Your Purchase Of REO/Foreclosure?
We would appreciate the opportunity to work for you as your Buyer’s Agent. Please feel free to contact us to discuss your dreams of home ownership.
