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:
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Prequalifying for the FHA 203k loan.
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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.
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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.
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Purchase of the property including coordination with the FHA lender.
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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.
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