Buyer purchases home in Harleysville, PA for just $9.55 out of pocket!

Over 18 years in this business and I set a new record, just $9.55 to buy a $225,000 home!  No joke, Chris and Delia were able to buy a twin home in Harleysville with 3 bedrooms, 2 1/2 baths, a finished basement, and fenced-in back yard for just $9.55 out of pocket!  Homebuying in Harleysville

How can this be done? They qualified for the USDA Rural Development program.  This mortgage program, which has been around for over 20 years, allows 100% financing and when structured properly, it allows for the seller and/or lender to credit you money to pay all closing costs, up to 6% of the sale price!  So what rate did they get??  A 30 year fixed rate at 3.75%.   With a payment of only $1455, they are saving $300 from their former rent payment.  Amazing!

So how can you do this too?  Yes, there are restrictions but they are not as bad as you would think.  First and foremost, you need to find a home in an eligible area.  Because this program is called “rural development”, you need to find a home in what the USDA considers rural.  Most of central and upper Montgomery and Bucks Counties apply, but you can see the map for yourself here.

Next, you need to meet the income requirements that are quite lenient. For 1-4 people living in the house, the total household income should be LESS than $93,450.  If you have more people in your household, you can make more.  To determine if your current income levels apply, just complete the simple form by clicking here.

Lastly, the infamous credit rating.  You need to have a minimum of a 600 credit score.  That means the middle of all three credit scores reporting on your credit report must be a minimum of 600.  If you need to get a copy of your credit report, contact me or visit PrivacyGuard.com where you can sign up to get your report for $1.  Just be sure to cancel the recurring monthly subscription when you are done using the service.

Now that you have done your homework, you should contact a lender to get pre-approved for the program.  Make sure the lender offers the USDA program and has experience in using it.  They can be tricky if you do not know what you are doing.  The easiest way to make sure you are dealing with the right people is to complete my free online pre-approval form so that I can forward your information  to the best person for your particular situation.

Not everyone will be able to buy for less than $10, after all, this is the lowest amount of money spent to buy a home in my 18 years in real estate.  But I will guarantee that you will put much less out of pocket than paying first and last month rent on a new apartment.  So call, text, or email me with questions and let’s get you started!  Below are some of the newest Zero Down Home listings available….

See all Zero Down Homes $175-$250k.
(all data current as of 10/31/2014)

  1. 4 beds, 1 full, 1 part baths
    Home size: 1,725 sq ft
    Lot size: 5,226 sqft
    Year built: 2007
    Parking spots: 4
    Listing with: Home Team Real Estate
  2. 3 beds, 2 full baths
    Home size: 1,500 sq ft
    Lot size: 12,000 sqft
    Year built: 1964
    Parking spots: 4
    Listing with: Glocker & Company-Boyertown
  3. 3 beds, 2 full, 1 part baths
    Home size: 1,968 sq ft
    Lot size: 7,351 sqft
    Year built: 2005
    Parking spots: 4
    Listing with: RE/MAX 440-Doylestown
  4. 4 beds, 1 full, 1 part baths
    Home size: 1,668 sq ft
    Lot size: 10,000 sqft
    Year built: 1908
    Parking spots: 3
    Listing with: BHHS Keystone Properties
  5. 3 beds, 3 full baths
    Home size: 2,307 sq ft
    Lot size: 36,400 sqft
    Year built: 1820
    Listing with: Coldwell Banker Realty Corporation-Lansdale
  6. 3 beds, 1 full, 1 part baths
    Home size: 1,280 sq ft
    Lot size: 10,100 sqft
    Year built: 1955
    Parking spots: 3
    Listing with: RE/MAX 440-Quakertown
  7. 3 beds, 2 full, 1 part baths
    Home size: 1,400 sq ft
    Lot size: 800 sqft
    Year built: 1995
    Parking spots: 2
    Listing with: Coldwell Banker Preferred-Exton
  8. 2 beds, 2 full baths
    Home size: 2,076 sq ft
    Lot size: 16,000 sqft
    Year built: 1974
    Parking spots: 1
    Listing with: Glocker & Company-Boyertown
  9. 3 beds, 2 full, 1 part baths
    Home size: 1,600 sq ft
    Lot size: 2,000 sqft
    Year built: 1993
    Parking spots: 4
    Listing with: Richard A Zuber Realty-Boyertown
  10. 3 beds, 1 full, 1 part baths
    Home size: 1,400 sq ft
    Lot size: 1,580 sqft
    Year built: 1972
    Listing with: BHHS Fox & Roach-Collegeville
  11. 3 beds, 1 full, 1 part baths
    Home size: 1,344 sq ft
    Lot size: 29,952 sqft
    Year built: 1940
    Parking spots: 4
    Listing with: RE/MAX 440-Perkasie
  12. 3 beds, 1 full, 2 part baths
    Home size: 1,340 sq ft
    Lot size: 3,600 sqft
    Year built: 1979
    Parking spots: 2
    Listing with: Bellman and Radcliff
  13. 3 beds, 1 full bath
    Home size: 1,370 sq ft
    Lot size: 3,562 sqft
    Year built: 1928
    Parking spots: 2
    Listing with: BHHS Keystone Properties
  14. 3 beds, 2 full, 1 part baths
    Home size: 1,904 sq ft
    Lot size: 2,652 sqft
    Year built: 2000
    Parking spots: 2
    Listing with: Long and Foster-Devon
  15. 3 beds, 1 full bath
    Home size: 1,040 sq ft
    Lot size: 25,600 sqft
    Year built: 1964
    Parking spots: 1
    Listing with: Continental Real Estate Group
  16. 3 beds, 1 full, 1 part baths
    Home size: 1,696 sq ft
    Lot size: 5,000 sqft
    Year built: 1997
    Parking spots: 4
    Listing with: Keller Williams Real Estate-Montgomeryville
  17. 3 beds, 2 full baths
    Home size: 1,200 sq ft
    Lot size: 15,700 sqft
    Year built: 1960
    Parking spots: 2
    Listing with: BHHS Fox & Roach - Harleysville
  18. 3 beds, 1 full bath
    Home size: 1,821 sq ft
    Lot size: 1.32 ac
    Year built: 1900
    Parking spots: 2
    Listing with: Coldwell Banker Heritage-Quakertown
  19. 3 beds, 2 full, 1 part baths
    Home size: 1,489 sq ft
    Lot size: 4,720 sqft
    Year built: 2002
    Parking spots: 3
    Listing with: Keller Williams Real Estate-Doylestown
  20. 4 beds, 2 full, 1 part baths
    Home size: 1,904 sq ft
    Lot size: 3,500 sqft
    Year built: 1985
    Parking spots: 2
    Listing with: Class A Realty Corporation
  21. 3 beds, 2 full, 1 part baths
    Home size: 1,979 sq ft
    Lot size: 1,155 sqft
    Year built: 2006
    Parking spots: 3
    Listing with: Keller Williams Real Estate-Montgomeryville
  22. 3 beds, 2 full, 1 part baths
    Home size: 1,800 sq ft
    Lot size: 1,092 sqft
    Year built: 2006
    Parking spots: 3
    Listing with: RE/MAX Reliance
  23. 3 beds, 2 full baths
    Home size: 2,410 sq ft
    Lot size: 14,400 sqft
    Year built: 1800
    Parking spots: 2
    Listing with: J B Realty Service Llc
  24. 3 beds, 2 full, 1 part baths
    Home size: 1,644 sq ft
    Lot size: 2,884 sqft
    Year built: 2011
    Parking spots: 4
    Listing with: EveryHome Realty
  25. 3 beds, 2 full baths
    Home size: 2,605 sq ft
    Lot size: 30,000 sqft
    Year built: 1945
    Parking spots: 2
    Listing with: Long and Foster-Blue Bell

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

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