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| DEAL OF THE DAY | |
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CITY WEST FORECLOSURE $250,000
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SPECIAL FINANCING 1/2 PERCENT DOWN Purchase a $250,00 home with just $1,250 Government stimulus limited time financing...
Home Sweet Home1/2 % Down Payment 4PURCHASE OF OWNER-OCCUPIED PRIMARY RESIDENCES ONLY 4DOES NOT HAVE TO BE FIRST TIME BUYER 4MINIMUM 620 FICO SCORE 4FHA 30 YEAR FIXED AT 96.5% LTV 42ND MORTGAGE 15 YEAR FIXED AT 8.25% FOR UP TO 3% OF SALES PRICE 4SELLER CAN PAY UP TO 6% OF CLOSING COSTS 4BORROWER QUALIFYING INCOME CAN NOT EXCEED 120% OF HUD AREA INCOME GUIDELINES (Los Angeles county $74,520) 4MAX DEBT RATIO 47% -CREDIT > 660 45%-CREDIT 620-659
============================================================== Act fast! Homebuyer tax credit ends soonThere's less than 2 months left before the $8,000 tax credit for first-time buyers ends -- and it can take that long to close on your new home.NEW YORK (CNNMoney.com) -- Use any metaphor you want: the ticking clock, sands running through the hourglass or pages falling away from the calendar. The fact is, time is running out to claim the $8,000 first-time homebuyers tax credit. Passed earlier this year as part of the economic stimulus package, the credit is good for up to $8,000, or 10% of the purchase price, and applies to people who have not owned a home in the previous three years. (There are some income restrictions.) The best part: Unlike a similar program from 2008, the credit does not have to be repaid. The bad part: It ends on Dec. 1. Because it usually takes around 60 days to close on a house after a contract is signed, buyers have very little time left to act. As of Thurs., Aug. 27, there were only 96 days left before the credit ends. "Buyers have to get a home under contract very, very soon," say's Seth Phillips, CEO of Buy-At-The-Bottom. "They probably should get out looking." ------------------------------------------------------------------------ We have the best deals in town period! This market opportunity will not last! Foreclosure, Foreclosure, Foreclosure! We can make a great deal even better! *Subject to terms and conditions. . |