Pine Ridge (Inverness, FL)
By Jim Poole, Zero Down, USDA Purchase Loans, FHA 203(K) Rehab & VA Streamline Loans
  No Money Down Rural Housing USDA Loans in Inverness Florida are back and fully funded. The new sub-prime loans of today are the government backed or sponsored loans. The FHA Loan is one we are all familiar with but how many of you know about the USDA Rural Housing Loan.  Here's how it works 100% financing on homes located in certain geographical area's with borrower's who are in certain income ranges. That's it! Use this link to see if the property qualifies by falling into one of the designated geographical area's http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do Remember when income qualifying to use the income of the ENTIRE family. Seller can pay up to 6% of buyers closing cost The 3.5% Guarantee Fee is included (Financed) in with the loan amount 100% of borrowers ca...
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By Jim Poole, Zero Down, USDA Purchase Loans, FHA 203(K) Rehab & VA Streamline Loans
Federal Housing Grants Available In Inverness Florida Federal Housing Grants were approved by the Obama Administration in response to the ailing housing market on December 23rd 2010. In an effort to help families find decent housing and to prevent future foreclosures the Obama administration announced nearly $73 Million in housing counseling grants to more than 500 national, regional and local organizations. As a result of the funding announced, hundreds of thousands of households will have a greater opportunity to find housing or keep the homes they have because of the housing counseling and counseling training grants awarded by the U.S. Housing and Urban Development Secretary Shaun Donovan. For a list of all Federal Housing Grants, organized by state, visit: http://portal.hud.gov/hud...
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By Jim Poole, Zero Down, USDA Purchase Loans, FHA 203(K) Rehab & VA Streamline Loans
PURCHASE AND REHAB YOUR HOME IN INVERNESS FLORIDA WITH AN FHA 203(K) LOAN - Most home buyers are turned off at the sight or even thought of buying a fixer-upper; a foreclosure or an older home today. However, educated and informed home buyers are utilizing the FHA 203(k) loan to buy their new home and fix it up with no additional out-of-pocket expense. The FHA 203(k) loan is a tool that savvy home buyers, successful contractors, Realtors and mortgage originators have been using since 1978. An FHA 203(k) loan is very similar to the traditional FHA loan. The only real difference is that with the FHA 203(k) loan, the home buyer is adding money to their mortgage balance to finance-in any repair/improvement cost. Whereas the traditional FHA loan requires that certain repairs be done before ...
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By Diana Perez, "Where the difference is in the Details!"
(ERA American Realty & Investments)
Take a look at this chart I compiled www.dianaperez.com , clearly reflecting a sign of the times. Have we seen the bottom yet? October sales indicate maybe yes.
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Inverness, FL Real Estate Professionals