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 12/21/2014)

  1. 2 beds, 1 full bath
    Home size: 768 sq ft
    Lot size: 1.15 ac
    Year built: 1960
    Parking spots: 4
    Listing with: BHHS Fox & Roach-Collegeville
  2. 2 beds, 2 full, 1 part baths
    Home size: 1,268 sq ft
    Lot size: 1,268 sqft
    Year built: 1999
    Listing with: Keller Williams Real Estate-Doylestown
  3. 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
  4. 3 beds, 1 full bath
    Home size: 1,588 sq ft
    Lot size: 4,125 sqft
    Year built: 1920
    Parking spots: 3
    Listing with: RE/MAX 440-Doylestown
  5. 2 beds, 2 full baths
    Home size: 1,528 sq ft
    Year built: 2014
    Parking spots: 5
    Listing with: Ryan Homes
  6. 3 beds, 1 full bath
    Home size: 1,188 sq ft
    Lot size: 2,600 sqft
    Year built: 1945
    Parking spots: 3
    Listing with: BHHS Fox & Roach-Media
  7. 3 beds, 1 full, 1 part baths
    Home size: 1,292 sq ft
    Lot size: 22,400 sqft
    Year built: 1915
    Parking spots: 3
    Listing with: Keller Williams Real Estate-Blue Bell
  8. 5 beds, 2 full, 1 part baths
    Lot size: 43,000 sqft
    Year built: 1960
    Parking spots: 7
    Listing with: Century 21 Norris-Valley Forge
  9. 3 beds, 1 full, 1 part baths
    Home size: 1,245 sq ft
    Lot size: 17,332 sqft
    Year built: 1977
    Parking spots: 1
    Listing with: Herb Real Estate Inc-Gilbertsville
  10. 3 beds, 2 full, 1 part baths
    Home size: 1,980 sq ft
    Lot size: 1,116 sqft
    Year built: 2009
    Parking spots: 3
    Listing with: BHHS Fox & Roach-Allentown
  11. 4 beds, 1 full, 1 part baths
    Home size: 1,770 sq ft
    Lot size: 7,220 sqft
    Year built: 1915
    Parking spots: 1
    Listing with: RE/MAX 440-Quakertown
  12. 3 beds, 1 full bath
    Home size: 1,508 sq ft
    Lot size: 15,000 sqft
    Year built: 1961
    Listing with: Springer Realty Group - Limerick
  13. 3 beds, 1 full, 1 part baths
    Home size: 1,440 sq ft
    Lot size: 11,799 sqft
    Year built: 1977
    Parking spots: 3
    Listing with: BHHS Fox & Roach - Harleysville
  14. 4 beds, 1 full, 1 part baths
    Home size: 1,540 sq ft
    Lot size: 3,474 sqft
    Year built: 1920
    Parking spots: 1
    Listing with: RE/MAX Realty Group-Lansdale
  15. 3 beds, 2 full, 1 part baths
    Home size: 1,956 sq ft
    Lot size: 7,368 sqft
    Year built: 2005
    Parking spots: 2
    Listing with: Coldwell Banker Heritage-Quakertown
  16. 3 beds, 2 full, 1 part baths
    Home size: 1,664 sq ft
    Lot size: 4,278 sqft
    Year built: 1972
    Listing with: Coldwell Banker Preferred-Conshohocken
  17. 3 beds, 2 full, 1 part baths
    Home size: 1,874 sq ft
    Year built: 2014
    Parking spots: 3
    Listing with: RE/MAX Action Realty-Horsham
  18. 2 beds, 1 full bath
    Home size: 1,022 sq ft
    Lot size: 4,200 sqft
    Year built: 1930
    Listing with: RE/MAX Associates-Wilmington
  19. 2 beds, 2 full baths
    Home size: 1,038 sq ft
    Lot size: 28,160 sqft
    Year built: 1945
    Listing with: RE/MAX Achievers-Collegeville
  20. 3 beds, 1 full, 1 part baths
    Home size: 1,912 sq ft
    Lot size: 1.54 ac
    Year built: 1954
    Parking spots: 3
    Listing with: BHHS Keystone Properties
  21. 4 beds, 1 full, 1 part baths
    Home size: 1,840 sq ft
    Lot size: 10,320 sqft
    Year built: 1930
    Parking spots: 5
    Listing with: BHHS Keystone Properties
  22. 3 beds, 2 full baths
    Home size: 1,704 sq ft
    Lot size: 5,000 sqft
    Year built: 1993
    Parking spots: 2
    Listing with: RE/MAX 440-Quakertown
  23. 4 beds, 1 full, 1 part baths
    Home size: 1,904 sq ft
    Lot size: 15,496 sqft
    Year built: 1979
    Parking spots: 2
    Listing with: RE/MAX Realty Group-Lansdale
  24. 3 beds, 2 full, 1 part baths
    Home size: 1,520 sq ft
    Lot size: 760 sqft
    Year built: 1988
    Listing with: Bonaventure Realty
  25. 3 beds, 2 full, 1 part baths
    Home size: 1,800 sq ft
    Lot size: 1,092 sqft
    Year built: 2006
    Parking spots: 1
    Listing with: RE/MAX Real Estate-Allentown

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

 

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