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Longmont CO Real Estate

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REFINANCE YOUR ADJUSTABLE RATE MORTGAGE

Interest Rates are at  lowest levels in history.  Take advantage of this once in a lifetime opportunity to fix your monthly mortgage payment!  GET MORE INFO >

TAX CREDITS FOR FIRST TIME HOME BUYERS

You can get up to a $8,000 income tax credit when you buy your first home, condo, loft or town home before November 30, 2009.  GET MORE INFO >

 

The chart below is a matrix of some of the foreclosure opportunities that are available in today's market.  The Federal Government is offering $8,000 in tax credits to first time home buyers (FTHB)s.  There are some incredible deals for both first time homebuyers (FTHB) and investors including no down financing from Fannie Mae's "Express Path" program to VA note holders who offer great zero down programs as well.  This chart is offered only as general guide. Consulting with a  Realtor and/or a mortgage lender is the first step in finding out which foreclosure strategy will best fit your unique situation.

 

FORECLOSURE CHART

 

FORECLOSURE TYPE

TERMS

WHO QUALIFIES?

HUD FORECLOSED HOMES

$100 Down with Full Price Offer.

Owner Occupants Only;

Investors 10 - 25% Down

FANNIE MAE OWNED HOMES

Zero Down (WAC)

Owner Occupants Only;

Investors 10 - 25% Down

VA FORECLOSED HOMES

Little to No Down thru VA Servicing Agents

Owner Occupants & Investors

BANK OWNED (REO)

Use Down Payment Assistance & FHA

Investors 10 - 25% Down

SHORT SALE

Use Down Payment Assistance & FHA

Investors 10 - 25% Down

OR