Oregon real estate

No Money Down Loans

Rents right now are getting to the point of being more expensive than buying a home, not to mention the increased freedom you have with home ownership.

As one of the few 100% financing options currently, the USDA government sponsored mortgage program is a great way to go.

Loans are issued through the USDA Rural Development Guaranteed Housing Loan Program which was created by the U.S. Department of Agricultural.

If you would look at a map that shows the eligible places in your search area you will see that many areas border the city or town where you are looking. The areas that qualify are much larger than the areas not in the program.

A USDA loan you would think would refer to a farm – land setting, however this program is offered in communities with populations of 20,000 or less, and in many areas surrounding larger towns.

If a buyer qualifies for this loan, a plan on how to find a home should follow.

Oregon real Estate for sale

I you take this chore on yourself, you will be going up against many buyers with good realtors. I can help www.homesforsalesalemoregon.net. 

Either way, go the direction that has the highest chance of success.

Your MLS properly listed properties will have the most competition. The listings that are less professionally marketed will have the second most competition, and your FSBO (For Sale by Owner) will have the least competition along with the make-me-move people on Zillow.

If your FSBO seller will work with an agent on the buyer side, chances are you can get all the paperwork done correctly. If the FSBO seller does not want to contribute then you may have to go to plan B.  This is why national statistics show that only 9% of FSBO people are successful.

Be ready to negotiate and craft a deal where there may be none.

Here are some GREAT articles that will help.

For personal service just contact me at al@cronemiller.com or visit my site at www.homesforsalesalemoregon.net.

Enjoy your search and Good Luck!