Tag Archives: home loan

Town Home In Lompoc For Sale

Cozy Un-Attached TownHouse in Lompoc,  This Is A very Nice Property, Centrally Located Close to HWY1, Hospital, Doctors Offices and Home Depot. Quite Safe Community Lovely Amenities, Nice Open Floor Plan. With Wood Floors Through Out A Must SEE Property.  If you need to get qualified for a home loan we can help you.   Also ask about our Home Loans For Veterans Only Program, where Veterans can get up to $3,500.00 to assist in closing costs.   A great program for Veterans.

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Do You Really Want To Buy A Condo ?

How to get a home loan is a lot harder than it was and it can be a lot more tricky when it comes to buying a condo.   There is one very important thing you have to do if after reading this you still want to buy a condo, which I will share with you so just keep reading.    I do get a lot of people asking me about qualifying to buy a condo since condos are usually cheaper in price than homes.  Now typically a condo will sell for much less than a home making it very attractive, but it does not mean that its less expensive than a home.  I know that sounds confusing I will explain.

I have to be honest, I do not like condos much.

Not that they do not have their place and you cannot get a good investment on one.  Or that those that buy condos hate them.  But I will explain cons and what you need to know before buying a condo or venturing into one.

1) Depending on the monthly HOA sometimes those monthly payments with your mortgage payments you total payment is the same and sometimes more than buying a home.

2) Because a lot of condos become rentals which some lenders will not do the loan on them because too many of the units are rented out, and sometimes the HOA’s have financial issues getting a loan for a condo can actually be a lot harder than it would be getting regular home loan.

3) Remembe HOA’s come with rules, such as leaving your garage door open or even what kind of door  knocker you can have on your door.  Which can result in a fine for not following the rules.

4) HOA ‘s almost always go with inflation so maybe the monthly dues are $150.00 there is no guarantee that they will stay there, something to keep in mind if your budget is tight.

5) Last but not least is that condo’s do not appreciate the same as a home on its own lot would.  They still appreciate of course but not the same as a home.

After all that you still want to buy a Condo I can help you get the loan for it.  But here is what you need to know.

Now a condo is great for those that have no time for yard work.   Or even those that like to entertain if the development has a nice club house or pool.  And being that they sell for less than a home it makes it easier to buy with smaller down payments than a home.

But you do need to check if the condo complex is on the FHA hud approved list especially if you are a first time home buyer.    Here is the link below to see if your condo complex qualifies.  If you need help in getting a home loan whether that be a FHA , VA or just a convention loan let me know and we can see what you qualify for.  If your condo is not approved it can be difficult getting a loan, basically this means that condo complex may have financial difficulties or that there are too many renters in that complex.  Meaning that you may not get the best rate possible or may have to put down a large down payment.

Good Luck ..

Click Here To See If Your Condo Is Approved.

 

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Price Reduced To $270k, Home In Orcutt For Sale

There are no homes in Orcutt at this price range, this home will not last long, great location, needs some work but for the right person it could be a great deal.

If you are looking to buy a home for sale in Orcutt, Ca. with lots of potential and have gotten yourself pre-qualified for your home loan and ready to buy a home. This home is full of potential with a 11,000 plus lot, enough room for a play area for the kids and a garden and even has a enclosed workshop. Close to distinguished Orcutt schools and easy freeway access. Bonus room which can be used for entertaining, pool table included. Granite countertops in kitchen and bathrooms, Marble title fireplace. This home has so much potential just needs someone to give it some TLC!


Single Family Home for sale in Orcutt, CA

Overview

Maps

Photos

$290,000
Single Family Home
Main Features
3 Bedrooms
3 Bathrooms
1 Unit
Interior: 1,255 sqft
Lot: 11,326 sqft
Location
597 Fairlane pl
Orcutt, CA 93455
USA

Valley Hills Valley Hills

01321588
(805) 352-1100
gene@valleyhillsrealty.com
http://www.ValleyHillsRealty.com

Listed by: Valley Hills Realty

Our recent listings

 

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597 Fairlane Pl, Home In Orcutt For Sale

If you are looking to buy a home for sale in Orcutt, Ca. with lots of potential and have gotten yourself pre-qualified for your home loan and ready to buy a home. This home is full of potential with a 11,000 plus lot, enough room for a play area for the kids and a garden and even has a enclosed workshop. Close to distinguished Orcutt schools and easy freeway access. Bonus room which can be used for entertaining, pool table included. Granite countertops in kitchen and bathrooms, Marble title fireplace. This home has so much potential just needs someone to give it some TLC!


Single Family Home for sale in Orcutt, CA

Overview

Maps

Photos

$290,000
Single Family Home
Main Features
3 Bedrooms
3 Bathrooms
1 Unit
Interior: 1,255 sqft
Lot: 11,326 sqft
Location
597 Fairlane pl
Orcutt, CA 93455
USA

Valley Hills Valley Hills

01321588
(805) 352-1100
gene@valleyhillsrealty.com
http://www.ValleyHillsRealty.com

Listed by: Valley Hills Realty

Our recent listings

 

Subscribe to our listing feed

Nearby properties for sale

Powered By RealBird.com

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Price Reduction On Home In Orcutt

Home in Orcutt, Ca. for sale reducing price to $315,000.00, home is 1800 sq ft. making this home one of the more affordable homes in the Orcutt area. Need a home loan? or need to get pre approved for a home loan, FHA Loan, Va loan or Conventional loan with no PMI only 5% down, I can help. This home is very close to Alice Shaw School and Lakeview. If you are not working with an agent give me a call. Remember if you need to get pre-approved I can help you with that as well.

 


Single Family Home for sale in Orcutt, CA

Overview

Maps

Photos

$315,000
Single Family Home
Main Features
3 Bedrooms
2 Bathrooms
1 Unit
Interior: 1,800 sqft
Lot: 5,001 sqft
Location
685 Tilia St
Orcutt, CA 93455
USA

Valley Hills Valley Hills

01321588
(805) 352-1100
gene@valleyhillsrealty.com
http://www.ValleyHillsRealty.com

Listed by: Valley Hills Realty

Our recent listings

 

Subscribe to our listing feed

Nearby properties for sale

Powered By RealBird.com

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