chico construction

SOLD !! – $185,000 – 1421 Martin Street Chico, CA

Beautiful NEW home with an attractive price!
This is a new 3 br/2 bath project located in Chico, CA. The home features solar upgrades, upgraded “green”/energy efficient building materials, large family room, open kitchen… The home was designed and built by our construction company, Chain Enterprises.
It’s a great piece of Chico Real Estate

TAX CREDITS AVAILABLE! $2,500 for solar tax credits, $8,000 federal first time homebuyer oac., Possible Net Cost of $174,500!

Feel free to contact us with any questions.

chico construction

102% USDA HOME LOANS CHICO OROVILLE HOMES FOR SALE

United State Department Of Agriculture USDA home loans guarantees up to 102% Chico Oroville Homes For Sale

Buyer’s in the market for a new home, with limited funds available for downpayment, would be well advised to consider the USDA Rural Home Loan program. Zero downpayment 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 Chico and Oroville in Butte County provide numerous areas of eligibility. 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.

chico construction

Calling All 1st TIME BUYERS, Chico Housing Downpayment Assistance, Chico Homes For Sale

Chico offers a Mortgage Subsidy Program (MSP) to provide downpayment assistance. The amount of the subsidy is 10 to 30% of purchase price. This program is available only for Ist Time Home Buyers. This is a remarkable opportunity for homeownership in Chico.

CHAIN REAL ESTATE INVESTMENT & MORTGAGE and CHAIN ENTERPRISES have combined services to provide 1st Time HomeBuyers In Chico with the opportunity to apply the Chico Mortgage Subsidy Program to the purchase of a brand new site built home. We know of no other program quite like this with CHICO HOMES FOR SALE.

The property must be located within the City of Chico or within the Redevelopment Zone.

To review the income and eligibility guidelines for CHICO HOME BUYERS click HERE

. This information is provided as a service by your Realtor. This is not a commitment to sell or loan. The actual commitment to purchase a home and obtain a loan will be based upon Lender’s approval of credit AOC, approval of applicant for the City of Chico Mortgage Subsidy Program. CHICO HOMES FOR SALE

chico construction

9 REASONS TO BUY IN 2009

Below we have listed our ‘9 REASONS 2009 IS THE SEASON TO BUY A NEW HOME’

1. SPECIAL TAX CREDITS:

   FIRST TIME HOME BUYER’S HAVE ACCESS UP TO $8000 FEDERAL TAX CREDIT (must close escrow before December1,2009- NO PAYBACK)
   NEW HOME BUYERS HAVE ACCESS TO UP TO $10,000. STATE TAX CREDIT
   (must purchase before 2010)
   TAX DEDUCTIONS: The interest paid on your mortgage is tax deductible.

2. PRICES ARE DOWN:

   EXPERTS REPORT PRICES ARE DOWN 41% STATE WIDE.
   This means your purchase will position you for appreciation as the market recovers. Many potential buyers are under the impression that the only bargains are Foreclosures, REO’S, but in fact we are marketing new homes that represent remarkable present market value and we would love the opportunity to share our products and programs for purchasing with you.

3. IT’S A BUYER’S MARKET:

   The wise investor’s adage is,” buy when others are selling and sell when others are buying”. It is hard to say how long the various positive factors that make this a Buyer’s Market will last. But we do know some of those advantages will expire in 9 months.

4. HISTORICALLY LOW INTEREST RATES:

   Rates are actually below those of 1971.

5. RISING RENTS:

   Due to recent events in the economy experts forecast a strong demand in the residential rental market for the next 10 years. It just makes good sense to Buy a Home when your payments are at or below what your paying for rent.

6. FAMILY WEALTH BUILDING:

   While there are numerous ways to invest, basically there are two choices regarding your personal housing. Either you will build your landlord’s wealth through renting or you will build your families’ wealth through home ownership.

7. REDUCED UTILTIES:

   The homes we build today are far more energy efficient than those we built even 3 or 4 years ago. The lower your utility bills are the more cash in your pocket each month. That’s the bottom line.

8. NEW HOME CONFIDENCE:

   Purchasing a new home takes the mystery regarding the condition of the home out of the process. REO’s and FORECLOSURE’s can be exempt from disclosures and inspections of condition. Especially if the Lender is in possession of the property since they aren’t in a position to know or verify the condition of the home. Of course the additional expenses related to any necessary repairs or deferred maintenance should be considered as well.

9. OPPORTUNITY / TIMING:

   This is one thing we have learned after four generations in the Building and Real Estate Industry. Basically we either recognize opportunity when it’s presented or we recognize when we have missed it. We understand each families financial picture is unique.

We are here to assist you.

We appreciate the opportunity to provide you with this home buying information. We want your business and we would appreciate hearing from you to discuss your plans, for BUYING, SELLING, DESIGNING AND BUILDING REAL ESTATE IN THE NORTH STATE.