Posted by admin on February 11, 2010
This just in from COR housing 1) C4HAP applicant receives an eligibility letter 2) They find a house 3) The realtor makes an offer with language that the purchase price shall be contingent on the appraised value of the property. Per the regulations, the purchase price must be 1% below the appraised value. The County [...]
Categories: Buying Foreclosures, Homebuyer Headlines |
Tags: C4 HAP, city of redding dap, City of Redding First time buyer program, first-time homebuyer, homebuyer tax credit, homes for sale in Redding, how to buy foreclosure, redding down payment assistance, Redding foreclosure, redding home loan, redding real estate, Redding REO, shasta county real estate news, shasta real estate | 
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Posted by admin on November 3, 2009
Just the other day I overheard an agent talking on the phone with a first time buyer client regarding purchasing an REO property. The agent explained to the buyer that in their experience it has been difficult for a first time buyers to get financing to purchase bank owned properties and was steering them away from this option. The agents [...]
Categories: Buying Foreclosures |
Tags: bank owned homes, first-time homebuyer, how to buy foreclosure, Redding first time buyer, Redding foreclosure, redding real estate, Redding REO, shasta county real estate | No Comments »
Posted by admin on November 3, 2009
Many buyers shopping for homes in the REO market initially express mixed emotions on buying a home that has been lost to foreclosure. On one hand, they are very excited about the value that can be found in the market right now. On the other hand they are often troubled by the sadness of a home lost [...]
Categories: Buying Foreclosures |
Tags: bank owned homes, buying foreclosures, how to buy foreclosure, notice of default, Redding foreclosure, Redding REO | No Comments »
