HUD Homes - Pemco Limited - Selling HUD Homes in the North State--there is great opportunities for Buyers in the North State. HUD homes offer amazing value and programs to help owner occupants. If you are a Buyer looking for great values in the real estate market, then you should consider a HUD Home.
Combining FHA loans and HUD Homes is a winning combination. There are many versatile programs within the FHA Loan Suite that allow the flexibility to purchase HUD Homes. Using a FHA 203b with repair escrow allows for modest repair monies to be held in escrow for repairs. When HUD Homes are not in move-in ready condition, this allows the Buyer the option to make these repairs and include it in the loan. With a FHA 203k, Buyers have a complete solution for rehabilitation of the property. A contractor provides a bid to the lender, the monies are set aside and after the close the work is done and approved before payment issues. The result is that the Buyer often times will have updated the property while remaining below market value.
HUD Homes offer many opportunities to first time home buyers using the FHA Loan options.
Real Living Real Estate Professionals, Ross Domke and Jeanean Gendron
January 21, 2012, June 16, 2012 and September 22, 2012
Join us at the Fall 2011 Home & Holiday Show
October 29-30, 2011
Shasta County Fair Grounds
Be sure and visit us at the Home Shows in Fall and Spring.
See you there!
I am Jeanean Gendron, your Redding and Shasta County Specialist. You can reach me at 530 276-7417. I answer my phone I hold the Certified Investment Agent Specialist, CIAS designation. I have taken special training so that I may help my clients in all their Real Estate Investment needs.