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 10/21/2014)

  1. 3 beds, 1 full, 1 part baths
    Home size: 1,620 sq ft
    Lot size: 15,360 sqft
    Year built: 1950
    Parking spots: 5
    Listing with: Prudential Keystone Properties
  2. 3 beds, 1 full bath
    Home size: 960 sq ft
    Lot size: 17,424 sqft
    Year built: 1935
    Parking spots: 4
    Listing with: Keller Williams Real Estate-Doylestown
  3. 3 beds, 1 full, 1 part baths
    Home size: 1,698 sq ft
    Lot size: 8,100 sqft
    Year built: 1880
    Parking spots: 5
    Listing with: Herb Real Estate Inc-Gilbertsville
  4. 3 beds, 1 full, 1 part baths
    Home size: 1,928 sq ft
    Lot size: 4,216 sqft
    Year built: 1975
    Parking spots: 3
    Listing with: Richard A Zuber Realty-Royersford
  5. 3 beds, 1 full bath
    Home size: 1,388 sq ft
    Lot size: 35,100 sqft
    Year built: 1940
    Parking spots: 5
    Listing with: BHHS Fox & Roach-Coopersburg
  6. 3 beds, 1 full, 2 part baths
    Home size: 1,424 sq ft
    Lot size: 5,869 sqft
    Year built: 2002
    Listing with: Brode & Brooks Inc
  7. 3 beds, 1 full bath
    Home size: 1,429 sq ft
    Lot size: 15,130 sqft
    Year built: 1965
    Parking spots: 4
    Listing with: BHHS Fox & Roach-Doylestown
  8. 3 beds, 2 full, 1 part baths
    Home size: 1,400 sq ft
    Lot size: 1,600 sqft
    Year built: 1990
    Parking spots: 2
    Listing with: RE/MAX 440-Skippack
  9. 3 beds, 2 full, 1 part baths
    Home size: 1,813 sq ft
    Lot size: 2,458 sqft
    Year built: 1998
    Parking spots: 2
    Listing with: Long and Foster-Devon
  10. 3 beds, 2 full, 1 part baths
    Home size: 1,690 sq ft
    Year built: 1991
    Parking spots: 3
    Listing with: BHHS Fox & Roach-Blue Bell
  11. 3 beds, 2 full, 1 part baths
    Home size: 1,614 sq ft
    Lot size: 5,000 sqft
    Year built: 1994
    Parking spots: 1
    Listing with: Keller Williams Real Estate-Doylestown
  12. 2 beds, 2 full baths
    Home size: 1,620 sq ft
    Lot size: 190 sqft
    Year built: 2009
    Parking spots: 2
    Listing with: Richard A Zuber Realty-Royersford
  13. 3 beds, 1 full, 1 part baths
    Home size: 1,512 sq ft
    Lot size: 4,500 sqft
    Year built: 1992
    Parking spots: 2
    Listing with: Coldwell Banker Heritage-Quakertown
  14. 3 beds, 2 full, 1 part baths
    Home size: 1,520 sq ft
    Lot size: 760 sqft
    Year built: 1988
    Parking spots: 2
    Listing with: BHHS Fox & Roach - Harleysville
  15. 3 beds, 2 full, 1 part baths
    Home size: 1,489 sq ft
    Lot size: 4,720 sqft
    Year built: 2000
    Parking spots: 4
    Listing with: Weichert Realtors-Blue Bell
  16. 3 beds, 1 full bath
    Home size: 1,196 sq ft
    Lot size: 9,020 sqft
    Year built: 1953
    Parking spots: 4
    Listing with: Long and Foster-Blue Bell
  17. 0 beds, 0 baths
    Home size: 1,772 sq ft
    Lot size: 3,276 sqft
    Year built: 1904
    Parking spots: 2
    Listing with: RE/MAX 440-Quakertown
  18. 4 beds, 2 full baths
    Home size: 1,772 sq ft
    Lot size: 3,276 sqft
    Year built: 1904
    Parking spots: 2
    Listing with: RE/MAX 440-Quakertown
  19. 2 beds, 1 full bath
    Lot size: 20,473 sqft
    Year built: 1954
    Parking spots: 4
    Listing with: Keller Williams Real Estate-Doylestown
  20. 3 beds, 1 full, 1 part baths
    Home size: 1,320 sq ft
    Lot size: 7,863 sqft
    Year built: 1980
    Parking spots: 3
    Listing with: RE/MAX 440-Perkasie
  21. 2 beds, 1 full, 1 part baths
    Home size: 1,248 sq ft
    Lot size: 1,248 sqft
    Year built: 2000
    Parking spots: 1
    Listing with: RE/MAX 440-Skippack
  22. 3 beds, 2 full, 1 part baths
    Home size: 1,856 sq ft
    Lot size: 1,092 sqft
    Year built: 2008
    Parking spots: 2
    Listing with: BHHS Fox & Roach - Harleysville
  23. 4 beds, 2 full baths
    Home size: 1,346 sq ft
    Lot size: 2,700 sqft
    Year built: 1898
    Parking spots: 2
    Listing with: RE/MAX Centre Realtors
  24. 3 beds, 1 full, 2 part baths
    Home size: 2,542 sq ft
    Lot size: 22,700 sqft
    Year built: 1900
    Parking spots: 5
    Listing with: Brode & Brooks Inc
  25. 3 beds, 2 full, 1 part baths
    Home size: 1,979 sq ft
    Lot size: 1,155 sqft
    Year built: 2009
    Parking spots: 3
    Listing with: RE/MAX Action Realty-Horsham

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

 

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