What does a home buyer do who was hoping to take the USDA Guaranteed Rural Housing loan when the USDA funding source dried up temporarily? Well, two of the Southern Oregon first time home buyers I am working with switched from the USDA program to an FHA loan. Thankfully, both were able to arrange for a gift from family members to help meet the current minimum FHA down payment requirement of 3.5%. If all goes well with their inspections, two more Rogue Valley families will be on the road to homeownership – AND have $8,000 to help them right out of the gate.

 

See you at the closing table!

 

Karen Cooper Southern Oregon|California Mortgage ConsultantKaren Pierce - Housing Counselor/Certified Foreclosure Intervention & Default Counselor

               NMLS #223305

ACCESS - "Helping People Help Themselves Since 1976"

 
Post is included in group: 1st Time Buyers
Post is included in group: Everything Oregon
Post is included in group: First Time Homebuyer
Post is included in group: Moving to Oregon
Post is included in group: Oregon Realtors and other Real Estate Professionals

2 Comments on It Ain't Over 'Til ... Tales of the $8,000 First Time Buyer Tax Credit 2

APR
18
2010
146,111 Points 2 Featured Posts

my hero
10:01am • #1
268,595 Points 4 Featured Posts

Hi Krista - I think one of those families will be thanking YOU!
10:27pm • #2

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Karen Pierce

Medford, OR

More about me…

Karen Pierce | Housing Counselor |Oregon

Address: PO Box 4126, NMLS#223305 , Medford, OR, 97501

Office Phone: (541) 779-6691

Email Me

Bringing 29 years of experience providing Southern Oregon and California Home Buyers and Homeowners | Serving all of Jackson County Oregon including Ashland- Talent- Phoenix- Medford-Jacksonville- Ruch- Central Point- White City- Eagle Point- Shady Cove- Gold Hill, as well as Josephine County including Grants Pass- Merlin- Wilderville | Helping Southern Oregonians on the road to fulfilling the American Dream of Homeownership - and staying there!


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