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Today I have Ben Zitting with me today to talk about an amazing program that is available for rural properties around St. George. Ben is a professional problem-solver like myself, and I am glad to be partnering with him today. He works with Veritas Funding and would like to explain more about a program to help you buy a home affordably.
In our competitive market, it is a challenge to get even the most clean, perfect buyer financed. However, there are some amazing opportunities that we have for you.
One of Ben's clients that was looking for a property in the St. George area and something amazing happen. You should know that inventory is very low in these areas right now, and he was looking for a home in the $150,000-$200,000 range. This buyer also did not have any money down, as most first-time buyers don't. In this case, our goal was to get the most home possible, for the lowest payment. For a while, we struggled to find a sufficient home.
Ben then expanded the search area for his client and found a great loan program that is offered to rural properties. After branching from St. George, he then found a great property in Hurricane that qualified for a USDA Rural Housing Loan. (Homes in Hurricane, Ivins, and La Verkin can qualify for this loan) Ben got his client a $200,000 dollar home for no money down, and only paid $1,209 in taxes and closing fees. This is significantly less money than you could rent a home for.
More on the USDA Rural Housing Loan:
- Your home must be in a rural area.
- You must meet income qualifications.
- In this instance, the property was closed in 30 days.
- If you're looking to maximize on your dollar, this is the loan for you.
- If you meet the qualifications, this is an absolute steal.
- For more information, visit here: http://www.rurdev.usda.gov/hsf_sfh.html
If you need any help buying, selling, or investing in the St. George or Las Vegas areas (we now have an office in Las Vegas), please feel free to contact me. We can also help you with an IRA, because most people don't know that you can do self-directed IRA's into real estate.
Give us a call at (435) 229-4442 or shoot us an email at team@skinnerteam.biz
