FHA Increases Loan Limits for Prescott |
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Vicki Brannock's Real Estate Cafe
Blog by Vicki Brannock
Arizona
Dishing it up- information and opinons on market trends, issues, technology and advances in Real Estate and related industries by Vicki Brannock, e-pro, ABR. Comments are Encouraged! Please note comment area below each post. CategoriesSubscribeRecent CommentsArchiveFavorite LinksRealTown BlogsSite Feed |
Vicki Brannock's Real Estate Cafe
Mar. 10, 2008
Categorized in: Prescott Arizona
FHA Loan Increases for Prescott Arizona
FHA has increased the loan amounts for homes purchased in Prescott.
New limits are:
$390,000 for a single family home (previous $271,000)
$499,250 for a two family home (previous $347,000)
$603,500 for a three family home (previous $419,400)
$750,000 for a four family home (previous $521,250).
This is great news for those looking to purchase with a low down payment (FHA currently requires a 3% down). Check with your local lender to find out details. If you don't have a lender familiar with FHA you won't do much better than Laurie Moore of Guarantee Mortgage.
If you are looking to see limits outside of Prescott check out the HUD FHA limits page.
To learn more about FHA vist the government website at: http://www.hud.gov/fha/
Vicki Brannock
Realtor, e-PRO, ABR 928.583.0762 (direct) 866.219.8252 (toll free fax) vicki@Prescott-RE.com www.Prescott-RE.com
Jan. 11, 2008
Categorized in: Featured Home Friday
Featured Home Friday -Today's featured home is located approximately 5 miles from historic downtown Pre The floorplan is open and spacious and it has a 3 car detached garage and room for RV parking. Asking price for this 3 bedroom 2 bath with split floor plan is $319,900. Click here to take a virtual tour. For more information you can contact me at 928.583.0762 or email vicki@Prescott-RE.com
Jan. 4, 2008
Categorized in: Featured Home Friday
A new blog feature for 2008 is Feature Home Friday’s looking at a current listing and providing information about the local area things that are not always apparent in the MLS or Realtor.com information. Today’s featured property is located in Chino Valley. Chino Valley is about 15 miles north of Prescott Arizona. It is mostly rural and has been cattle grazing and ranches for the last 100 years.
Natural aquifers (thanks for the spellcheck Paul) provide a surprisingly good source of water. Much of the area is on well water and septic.
Click here to watch a video about CV. With the Safeway and new Walgreens about 10 minutes down the road and new services scheduled to come in within the next few months you have a terrific opportunity to enjoy a rural life without having any inconvenience. The modern farm style home is bright and open with soaring ceilings in the great room, downstairs master suite with beautiful bathroom and a family friendly kitchen. A 3 stall stable with plenty of room for tack and storage has it’s own driveway. Lot’s of flat space to create an arena. Very unusual flat buildable area for a property with such amazing views. Almost 7 acres of quiet and privacy. Just reduced to 449,00! Click here to see virtual tour. If you have any questions please contact me at:
Oct. 20, 2007
Categorized in: Environmently Friendly
Are you maintaing your septic system?
Septic systems are vital to our rural area and so is maintenance. Poorly maintained systems can cause ground water
contamination and create unhealthy living conditions for local residents. University of Arizona has a great article about
septic maintenance that I have posted to my website click on the picture to view or download.
And as a bonus there is an article at the end about bunnies!
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