Thursday, February 21, 2013

What's for Sale?



Here's a list of Real Estate I have Listed Today

Homes

1115 Southridge Drive, Purcell, OK 73080,  A 1996, 1574 Sq. Ft., 3BR/2BA/2 car garage, brick home, in town. $119,900

12754 120th St., Lindsay, OK  73052, A 2008, 2928 Sq. Ft., 3BR/2BA/2 car garage, brick home, on 15 acres with a 1500 sq. ft. shop. $285,900


212 Hoffman Dr., Norman, OK 73026, A 2011, 2260 Sq. Ft., 3BR/2.5BA/3 car garage, stone home, on 5 acres. $353,900

500 Morehead Ave., Washington, OK 73093, A 1996, 2888 Sq. Ft., 4BR/3BA/3 car garage, brick home, on 1/2 acre. $289,900

802 Willow Creek Circle, Purcell, OK 73080, A 1979, 3958 Sq. Ft., 4BR/4.5BA/6 car portico, stone & board & batten exterior, pool, and in-law suite apartment, in town, $299,900

1197 Blue Ridge Dr., Purcell, OK  73080, A 1997, 1965 Sq. Ft., 3BR/2BA/2 car garage, brick home, in town. $169,900

418 W. Adams, Purcell, OK 73080, A 2007, 1120m Sq. Ft., 2BR/2BA frame home with vinyl siding, in town. $80,500

Land

Lots for New Home Construction, Covenant Trails, Tuttle, OK 73089. $22,500

10 Acres tract for New Home Construction, located on 12th, Goldsby, OK 73093. $70,000

Plenty More Homes and Land Available Listed with Realtors in my Area.  Call or Email Today for a Complete List.  405-249-2810 or email deborah@deborahallisonrealestate.com








Are you Looking for a Home or Land to Purchase in Central Heart of McClain County?


Homes and Land for Sale in the Washington and Purcell, Oklahoma Area

Interest rates are incredibly low for qualified buyers to get into their first home, or moving up to a larger home.  Even sizing down... it's a great time to buy!

USDA loans are available in McClain county which allows buyers to get a mortgage with zero money down.  (What a wonderful loan program!  And it's not available in all counties).

FHA loans require a 3.5% investment from the buyers, but... this money can come as a "gift" from a relative.  On April 1st, 2013... the FHA loans are going to cost a buyer more to get the same loan... on the same house.  So, why are you waiting?!!!!  Qualified buyers need to call or email today for a list of homes available in Purcell, Goldsby, Washington, Wayne or surrounding areas.

VA loans can get veterans into homes with zero money down, but of course, you must be military.

Conventional loans are usually 10% to 20% down, and don't carry the mortgage insurance premium that other home loans do.

And, if your looking to land to build your home on?.... there lots, tracts and acreages available.  A land purchase generally needs a 20% down investment, as well as your good credit.  A small, 1 to 2 acre tracts are generally going to have building restrictions as to size and type of home you build.  These restrictions are called Covenants and Restrictions... some times referred to as C&Rs.  Tracts that have no restrictions can have mobile homes, metal buildings, barns, etc.

If you need more details on any of these purchases, please call me.  I have dozens of lenders that specialize in different types of loan for each individual home and individual buyer.  What everyone must have is a good credit score and credit history to buy homes or land. 


Friday, February 8, 2013

Bad News for New FHA Loan Homeowners Futures

On April 1, 2013... FHA's ongoing efforts to strengthen the Mutual Mortgage Insurance Fund, (MIP) will now last the entire term of the mortgage loan. 

The MIP amount WAS, (prior to 4-1-13), financed into a buyers monthly mortgage payment until the buyer paid in 20% on the principal, or 78% of the loan.  NOW, the MIP stays on the entire length of the mortgage.

This equates to higher MI payment, which means less house to qualify for.  Make your purchase close before April 1, 2013.