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 10/1/2014)

  1. 3 beds, 1 full, 1 part baths
    Home size: 1,532 sq ft
    Lot size: 2,703 sqft
    Year built: 1991
    Listing with: RE/MAX Reliance
  2. 3 beds, 2 full baths
    Home size: 2,142 sq ft
    Lot size: 7,100 sqft
    Year built: 1948
    Parking spots: 4
    Listing with: Century 21 Alliance-Blue Bell
  3. 2 beds, 2 full, 1 part baths
    Home size: 2,148 sq ft
    Lot size: 3,196 sqft
    Year built: 1998
    Parking spots: 1
    Listing with: U S Spaces, Inc
  4. 3 beds, 2 full, 1 part baths
    Home size: 1,480 sq ft
    Lot size: 2,467 sqft
    Year built: 1992
    Parking spots: 3
    Listing with: Century 21 Norris-Valley Forge
  5. 3 beds, 2 full, 1 part baths
    Home size: 1,515 sq ft
    Lot size: 5,366 sqft
    Year built: 1992
    Parking spots: 4
    Listing with: Century 21 Alliance-Audubon
  6. 4 beds, 1 full, 1 part baths
    Home size: 2,298 sq ft
    Lot size: 8,448 sqft
    Year built: 1930
    Parking spots: 2
    Listing with: RE/MAX 440-Quakertown
  7. 3 beds, 1 full, 1 part baths
    Home size: 1,248 sq ft
    Lot size: 1.08 ac
    Year built: 1980
    Parking spots: 3
    Listing with: BHHS Fox & Roach-Collegeville
  8. 3 beds, 2 full, 1 part baths
    Home size: 1,718 sq ft
    Lot size: 5,600 sqft
    Year built: 1987
    Parking spots: 1
    Listing with: RE/MAX Centre Realtors
  9. 3 beds, 1 full, 1 part baths
    Home size: 1,680 sq ft
    Lot size: 11,484 sqft
    Year built: 1930
    Parking spots: 1
    Listing with: Keller Williams Real Estate-Horsham
  10. 5 beds, 1 full, 1 part baths
    Home size: 2,125 sq ft
    Lot size: 7,315 sqft
    Year built: 1929
    Parking spots: 4
    Listing with: RE/MAX Reliance
  11. 3 beds, 1 full, 1 part baths
    Home size: 1,299 sq ft
    Lot size: 25,700 sqft
    Year built: 1945
    Parking spots: 5
    Listing with: RE/MAX Reliance
  12. 3 beds, 1 full bath
    Home size: 1,292 sq ft
    Lot size: 21,960 sqft
    Year built: 1993
    Parking spots: 4
    Listing with: Long and Foster-Blue Bell
  13. 2 beds, 1 full bath
    Home size: 1,019 sq ft
    Lot size: 14,850 sqft
    Year built: 1860
    Listing with: Coldwell Banker Heritage-Quakertown
  14. 4 beds, 1 full bath
    Home size: 1,320 sq ft
    Lot size: 10,650 sqft
    Year built: 1950
    Parking spots: 5
    Listing with: RE/MAX 440-Perkasie
  15. 3 beds, 1 full bath
    Home size: 1,008 sq ft
    Lot size: 8,235 sqft
    Year built: 1958
    Listing with: BHHS Fox & Roach - Harleysville
  16. 2 beds, 1 full bath
    Home size: 1,496 sq ft
    Lot size: 18,750 sqft
    Year built: 1956
    Parking spots: 7
    Listing with: EveryHome Realty
  17. 3 beds, 1 full, 1 part baths
    Home size: 1,480 sq ft
    Lot size: 8,340 sqft
    Year built: 1992
    Parking spots: 2
    Listing with: Keller Williams Real Estate-Lafayette Hill
  18. 2 beds, 1 full bath
    Home size: 1,160 sq ft
    Lot size: 9,500 sqft
    Year built: 1961
    Parking spots: 2
    Listing with: Coldwell Banker Heritage-Quakertown
  19. 4 beds, 2 full baths
    Home size: 1,494 sq ft
    Lot size: 1,385 sqft
    Year built: 1976
    Parking spots: 4
    Listing with: Weichert Realtors-Collegeville
  20. 2 beds, 2 full baths
    Home size: 1,150 sq ft
    Lot size: 25,265 sqft
    Year built: 1962
    Parking spots: 5
    Listing with: BHHS Fox & Roach-Coopersburg
  21. 3 beds, 1 full bath
    Home size: 1,280 sq ft
    Lot size: 3,500 sqft
    Year built: 1920
    Parking spots: 3
    Listing with: Bergstresser Real Estate, Inc
  22. 3 beds, 2 full, 1 part baths
    Home size: 2,223 sq ft
    Lot size: 4,830 sqft
    Year built: 2000
    Parking spots: 2
    Listing with: Keller Williams Real Estate-Blue Bell
  23. 5 beds, 1 full, 1 part baths
    Home size: 1,560 sq ft
    Lot size: 5,000 sqft
    Year built: 1890
    Listing with: RE/MAX Professional Realty
  24. 3 beds, 2 full, 1 part baths
    Home size: 1,642 sq ft
    Lot size: 1,300 sqft
    Year built: 2000
    Parking spots: 3
    Listing with: Weichert Realtors-Collegeville
  25. 3 beds, 2 full, 1 part baths
    Home size: 1,596 sq ft
    Lot size: 1,100 sqft
    Year built: 2000
    Parking spots: 3
    Listing with: United Real Estate

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

 

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