Chain Real Estate - Professional Family Run Firm serving Chico Real Estate and Redding Real Estate » home loan

PARADISE CA Homes For Sale 1st Time Home Buyer’s RDA Down Payment Assistance Program

Steven Chain — Mon, 26 Oct 2009 23:32:05 +0000

PARADISE CA Homes For Sale 1st Time Home Buyer’s RDA Down Payment Assistance Program
Are you in the market as a FIRST TIME HOME BUYER and your dreams of home ownership aren’t taking shape the way you thought. We would like to take this opportunity to inform you about a great program.

First Time Home Buyers should be aware that the Town of Paradise and the associated Redevelopment Association have a detailed program providing for down payment assistance. The maximum Town contribution varies between $20,000 and $40,000, depending on you income. The program is described as a deferred payment, deferred interest, shared appreciation program. Each qualified borrower will receive only the necessary amount based on a range of 30% (min) = 35% front-end ration. The income range for back-end ratios should not exceed 36%-45%. Paradise CA Homes For Sale

Property Eligibilty: Homes must be within the Town of Paradise and maybe NEW or Previously occupied homes.

Isn’t it time you saw your dreams of PARADISE CA REAL ESTATE really take shape?

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 and property eligibility for the Town of Paradise CA Redevelopment Association Down Payment Assistance Program. PARADISE CA HOMES FOR SALE

Paradise, Chico, Oroville Home Bargains, Zero Downpayment Homes OAC

Steven Chain — Fri, 23 Oct 2009 17:39:01 +0000

PARADISE, CHICO, OROVILLE HOME BARGAINS, ZERO DOWNPAYMENT HOMES OAC
Are you a BUYER looking for a BRAND NEW HOME. Would you like the LOOK, FEEL and upto date ENERGY EFFICIENCY of a new home. Look no further. USDA Rural Home loans combined with today’s unique market make what seemed impossible now possible. This program allows for ZERO DOWN PAYMENT.

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

Steven Chain — Fri, 23 Oct 2009 17:24:56 +0000

PARADISE, CHICO, OROVILLE REO BARGAINS, PURCHASE REHABILITATION LOANS
The above photo is not one of the bargains. This is the Chateau-de-Versailles courtesy of Freephotobank.org. But as they say every person’s home is their castle. We would like to share with you about buying a home, not a home in France, but a home in Paradise, Chico or Oroville. These bargains are presently available in the locations mentioned.

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

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.

102% USDA HOME LOANS CHICO OROVILLE HOMES FOR SALE

Steven Chain — Mon, 19 Oct 2009 17:19:51 +0000

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

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

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

Steven Chain — Thu, 15 Oct 2009 16:24:35 +0000

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 homes for sale – Current Market Statistical Report September 2009

Steven Chain — Thu, 01 Oct 2009 17:20:42 +0000

The following statistical information is representative of the real estate market of Chico homes for sale and certain urbanized areas immediately surrounding the City.

The Current inventory of Single Family Chico Homes For Sale is as follows:

PRESENT INVENTORY/STATUS

337 Active Residential Listings
175 Pending Sales
25 Sold
36 Short Sale Listings
5 REO listings
42 Short Sale /REO Listings

2009 YEAR TO DATE MARKET PERFORMANCE

574 Homes Sold Year to Date
1,009 Homes Listed Year to Date
$279,317 Average Selling Price

Source: Paragon 4 MLS, September 30, 2009, Chico Homes For Sale

60 Days Remaining for capturing 1st Time Home Buyer $8,000 Tax Credit

This information is provided by your Realtor as an informational service in assisting Buyers and Sellers in Real Estate transactions, Chico Homes For Sale. This information is not presented as a substitute for the advice of your Tax or Legal Advisor

102% USDA Home Loans – Chico Homes for Sale

Steven Chain — Thu, 01 Oct 2009 17:01:28 +0000

United State Department Of Agriculture USDA home loans guarantees up to 102% – Chico 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 the California North State provides numerous areas of eligibility. Search for your Chico Homes For Sale now, or contact us and let us do the work for you.

This is not a commitment to lend. This information is provided as a service by your Realtor. A commitment to lend would be determined by completed application, AOC,buyer/ property eligibility and program status.

REO Fixer-Upper Bargains, Cottonwood CA Homes For Sale , FHA 203k

Steven Chain — Sat, 19 Sep 2009 23:29:48 +0000

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.

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.

This is not a commitment to loan. Loans oac and are subject to HUD guideline, etc.

Redding, California — Prime for a Housing Recovery

Steven Chain — Wed, 02 Sep 2009 18:04:20 +0000

We came across this great article in Forbes magazine, showing the huge potential and encouraging signs in the housing market. Redding ranked #8 nationally in the list. Check out the Article Here…

E-mail us, so we can help you take advantage of this ripe market. Enjoy the good news! =)

Added value to Buyers of Foreclosures and REO properties

Steven Chain — Fri, 08 May 2009 20:14:03 +0000

Dear 2009 Home Buyer:

Why Choose Chain Real Estate Investment & Mortgage As Your Agent To Handle Your Purchase Of REO/Foreclosure?

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.

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.