Q. Why did the home-buyer cross the road?
A. To get a better loan.
Lately I’ve been working with a larger number of people who are crossing the border of Gilbert and Mesa into the town of Queen Creek. It’s amazing what happens when you cross the road:
Homes cost less – and there’s a rural housing loan that covers closing costs.
Also, people often qualify for a larger loan amount.
Here's a recent example:
The borrower qualifies for $110k in Maricopa County with an FHA loan that allows for seller concessions and a 1% down payment. Crossing the border into Pinal County, the borrower qualifies for $123k with very little down.
- In Maricopa County we’re looking at foreclosed properties to be purchased “as is”.
- In Pinal County we’re looking new four bedroom/two bath homes with a full warranty.
Would you be willing to cross the road if you were able to buy more home for the money with no repairs and very little down?
That’s the choice many buyers are making. It's part of the reason Pinal County's home sales continue to increase.
If you’d like to know more, give me, Chuck Willman at 480.292.0600 …or email me: chuck@NewHomesAZ.com
I’d love to show you what’s available.