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 9/1/2014)

  1. 4 beds, 1 full bath
    Home size: 1,596 sq ft
    Lot size: 2,900 sqft
    Year built: 1900
    Parking spots: 2
    Listing with: RE/MAX 440-Pennsburg
  2. 3 beds, 2 full baths
    Home size: 1,448 sq ft
    Lot size: 14,560 sqft
    Year built: 1962
    Parking spots: 3
    Listing with: Keller Williams Real Estate-Montgomeryville
  3. 3 beds, 1 full bath
    Home size: 1,428 sq ft
    Lot size: 12,900 sqft
    Year built: 1953
    Listing with: RE/MAX 440-Pennsburg
  4. 4 beds, 1 full bath
    Home size: 1,579 sq ft
    Lot size: 15,300 sqft
    Year built: 1945
    Parking spots: 5
    Listing with: RE/MAX Reliance
  5. 5 beds, 1 full, 1 part baths
    Home size: 1,566 sq ft
    Lot size: 6,000 sqft
    Year built: 1898
    Listing with: Keller Williams Realty Group
  6. 3 beds, 1 full bath
    Home size: 1,648 sq ft
    Lot size: 12,400 sqft
    Year built: 1951
    Parking spots: 1
    Listing with: RE/MAX Achievers-Collegeville
  7. 3 beds, 2 full, 1 part baths
    Home size: 1,834 sq ft
    Lot size: 7,978 sqft
    Year built: 1984
    Parking spots: 1
    Listing with: BHHS Fox & Roach - Harleysville
  8. 3 beds, 2 full, 1 part baths
    Home size: 1,488 sq ft
    Lot size: 2,808 sqft
    Year built: 1992
    Listing with: Keller Williams Real Estate-Montgomeryville
  9. 3 beds, 1 full, 1 part baths
    Home size: 1,526 sq ft
    Lot size: 28,800 sqft
    Year built: 1875
    Parking spots: 3
    Listing with: RE/MAX Reliance
  10. 4 beds, 2 full, 1 part baths
    Home size: 2,164 sq ft
    Lot size: 1.09 ac
    Year built: 1970
    Parking spots: 6
    Listing with: RE/MAX Achievers-Collegeville
  11. 3 beds, 1 full bath
    Home size: 1,790 sq ft
    Lot size: 8,740 sqft
    Year built: 1920
    Parking spots: 7
    Listing with: RE/MAX 440-Quakertown
  12. 3 beds, 2 full, 1 part baths
    Year built: 2014
    Parking spots: 4
    Listing with: RE/MAX Action Realty-Horsham
  13. 3 beds, 2 full, 1 part baths
    Year built: 2014
    Parking spots: 4
    Listing with: RE/MAX Action Realty-Horsham
  14. 3 beds, 2 full, 1 part baths
    Home size: 1,656 sq ft
    Lot size: 2,387 sqft
    Year built: 2001
    Parking spots: 1
    Listing with: BHHS Fox & Roach - Harleysville
  15. 2 beds, 1 full bath
    Home size: 1,284 sq ft
    Lot size: 1.84 ac
    Year built: 1984
    Parking spots: 5
    Listing with: The Barndt Agency Inc
  16. 3 beds, 2 full, 1 part baths
    Home size: 1,595 sq ft
    Lot size: 2,688 sqft
    Year built: 1993
    Parking spots: 4
    Listing with: RE/MAX Action Realty-Horsham
  17. 3 beds, 1 full, 1 part baths
    Home size: 1,344 sq ft
    Lot size: 5,499 sqft
    Year built: 1997
    Parking spots: 2
    Listing with: Long and Foster-Quakertown
  18. 4 beds, 3 full baths
    Home size: 1,851 sq ft
    Lot size: 1.84 ac
    Year built: 1955
    Parking spots: 4
    Listing with: RE/MAX Ready
  19. 3 beds, 2 full, 1 part baths
    Home size: 1,600 sq ft
    Lot size: 5,252 sqft
    Year built: 2001
    Listing with: RE/MAX 440-Perkasie
  20. 3 beds, 2 full baths
    Home size: 1,552 sq ft
    Lot size: 20,000 sqft
    Year built: 1968
    Parking spots: 3
    Listing with: RE/MAX Action Realty-Horsham
  21. 3 beds, 1 full bath
    Home size: 1,792 sq ft
    Lot size: 15,000 sqft
    Year built: 1952
    Parking spots: 5
    Listing with: Century 21 Montague-Canale
  22. 3 beds, 2 full, 1 part baths
    Home size: 1,828 sq ft
    Year built: 2014
    Parking spots: 2
    Listing with: RE/MAX Action Realty-Horsham
  23. 2 beds, 1 full, 1 part baths
    Home size: 1,128 sq ft
    Year built: 2014
    Parking spots: 2
    Listing with: RE/MAX Action Realty-Horsham
  24. 2 beds, 1 full, 1 part baths
    Home size: 1,128 sq ft
    Year built: 2014
    Parking spots: 2
    Listing with: RE/MAX Action Realty-Horsham
  25. 3 beds, 2 full, 1 part baths
    Home size: 1,614 sq ft
    Lot size: 6,750 sqft
    Year built: 1984
    Parking spots: 2
    Listing with: Keller Williams Real Estate-Montgomeryville

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

 

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