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As a top real estate agent with unrivaled customer service, I will show you how honesty and integrity make a quality difference. Call me: 360-241-0199
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Know the True Value of Your Home Before You Sell Thinking of selling your home? You should know its precise value before making such a momentous decision. Find Out More > View All Offers >
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"Personable, Expert, High Integrity " “Lori is exceptionally knowledgeable, easy to work with and completely trustworty." Gwen Hahn Read Quote > View All Quotes >
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First Time Buyers >More Down Payment Help
One of the most common deterrents to first-time home buyers is the lack of a down payment. However, the home loan industry has practically re-created itself in the last ten years, making it easier than ever to obtain a mortgage, and new mortgage programs are always cropping up.
Some states sponsor loan programs that allow buyers to purchase a home without putting any money down. A parent or other relative can guarantee repayment of ten percent of the loan if the buyer defaults. The only cash needed is for the closing costs, which typically run about three percent of the loan. Parents can also give their children down payment help through a personal note or second trust deed. The terms can be set up for monthly payments or annual payments amortized over a period of time. You could pay the interest only, and have the payoff due when the property is sold.
With so many alternatives, doesn't it make sense to call your real estate agent for a free consultation? You may be closer to home ownership than you think.
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| Q |
What is encroachment, and how might it affect a property owner?
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| A |
Encroachment, refers to the unauthorized intrusion of a building or improvement onto another person's property; it often requires a surveyor's report to support the claim. |
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