Buyer Gets a Sweet Deal... Check Out This Elk Grove Bank Owned Home

Our Client's Success is Our Success!

house

4 bedroom / 3 bathroom 1400 sq ft

This cute Elk Grove bank owned home originally sold in 2005 for $250,600!
 
We assisted our Client to structure his contract so that the Seller of this home paid for all of his closing costs. By utilizing a government loan program, our Client only had to put down $5670 for his down payment!
Purchase Price: $162, 000
Down Payment: $5670
Mortgage Payment: $1297
 
If you were to rent this home you should expect to pay around $1400 a month according to zilpy.com
 
Congratulations Bob!
 
The government is on a mission... stabilize home prices, get the credit markets running again, and get people into homes. This government loan program is designed for folks who don't have a lot of money to put down. Borrowers don't even need to have perfect credit in order to qualify. It is a great way to get into a home and most likely pay less than you would if you were to rent!
 

If you are interested in learning more about how to unitize government loan programs to get your family into a home... give us a call!

This blog by:

Team Newington
Sacramento Mortgage Planners
(916) 687-6868
www.SuperiorLoanTeam.com

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My job is to get you the best deal I can and help you navigate through our complex Sacramento Real Estate Market.  My team works directly with many banks to sell their foreclosed homes... so I HAVE A LIST OF HOMES NOT YET ON THE MARKET!
Interested in Sacramento HUD homes? Check out my other blog I write dedicated to Sacramento HUD Homes for sale!

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