Affordble Housing Sonoma County Style!! 100% financing exists at and below the conforming Loan Limit of $417,000!
December 2nd, 2007 . by Mike KellyThe conforming loan limit is $417,000. 100% financing is fully available at this limit and below! Are there homes available in this price point?? You bet there is!! As of today, in all areas of Sonoma County we have 821 Homes available at $417,000 and below!! Yes! You heard me right! Now add the Wachovia Mortgage Down Payment Assistance Program (DPA) of $25,000 (this is FREE MONEY!!) and you go to $442,000 and the amount of properties in Sonoma County jumps to 1,017!!
A Realtor friend of mind sent me an email about a great start home she has, yes, detached single family dwelling, on a corner lot of 5,000sqft and a 2 bedroom home of 980 sqft for $319,900!!! Yes, NOT A CONDO for that price!! It’s in Rohnert Park and she also states she has another for the same price in the “G” section. New flooring, large rear yard!! Plus rates have dropped to below 6%!! You can contact Ron Misasi at Wachovia to discuss their Down Payment Assistance program (DPA). Income requirements apply and the home must be owner occupied. But what are you waiting for!! Affordable, Detached Single Family home!! Be HOME FOR XMAS!! You can call Ron Misasi at 975-8366 or his office at 569-3224. Tell him you heard it on the Real Estate Hour!!


