USDA has various district offices each with people who do the loans. Above that I believe it is on a state level, then a federal level. Try your local one, if you need a higher up, ask them who their ‘boss’ is. You might be able to start here: http://www.rurdev.usda.gov/recd_map.html
Good luck
My wife and I just had our second kid and think it’s about time to purchase a home of our own. We don’t have perfect credit and don’t make a hole lot of money. (combined around $34,000) We are renting a tiny (2 bedrooms, 1 Bath 950 sqft) house from my parents and they offered to sell it to us for 60,000. We owe around 6,500 in debt. The house apprasied at 70,000 three years ago and I have put around 6,000 into it.
There are many people who get into the USDA mortgages. They are generally based on income. Your interest is set LOW compared to any bank loans so you can afford the payments.
BEWARE!!: When you sell this home (and eventually you will), the USDA will want the interest you saved (difference between what you were charged and the going rate) back out of the proceeds of the home. It’s not a give-away program, they will get their money back. Where does that leave you? With no equity in the home. They got it.
They will require good credit.
I think the best thing I would advise you to do, is buy it from your jparents on a land contract. Stay with that contract for a year, keeping each receipt and NEVER making a late payment. THEN you can take that contract in and "refinance" your home with a mortgage with no down payment (because you will have equity for your down). You won’t need excellent credit and it will give you time to pay off some of your debts for a better interest rate.
Stay away from the USDA mortgages unless you absolutely HAVE TO, there are too many consequences attached.
i want to buy a home in a new development in my area. the price of the home is a pre-construction price. because it is so discounted, can i still make an offer below that price or is it set?
All contracts to purchase real estate must be in writing to be enforceable.
You can make any offer you want, but the seller can reject it outright or make a counter offer to you
Our company has recently made the move from contract work to new home construction and in summer 2005 constructed 2 homes in a small development. We have tried to sell them on our own, but the price was a little high compared to the other lots because of extras like granite countertops, travertine tile, etc., and we still have them on our hands, growing more expensive with every month’s interest payment. Have you all had any success with other forms of advertising/selling? If so, please divulge…I am very open to suggestions. Thanks!
I think that any advertising you do on the property is worth your effort. The more people who know you have a product to sell the more possible purchasers you have. However, it needs to be a listing that deals with your area and not the entire country. I buy and sell properties and have not had my ads in such areas show results.
I live in a small development of 50 homes in Florida. We have a Home Owner’s Association to which you must be a member. We have had some radical changes in the Property Insurance Coverage for our development due to the recent rash of hurricanes.
The Home Owner’s Association has purchased a new policy for our Property Insurance with different coverage. I am told we now have no comprehensive coverage on the policy. I have asked the President of our Home Owner’s Association to provide me a copy of the Declaration of Coverage sheet from the new policy and he refuses to do so. Florida Statutes (Ref: Fla. Statute 720.303, paragraph 5, section (b)). In this statute it calls out for a possible punitive damage of $50 per day for a maximum of $500 in the event that a refusal like this takes place. I would like to take this matter to court but I am unsure if this is a matter for Small Claims Court or Civil Court.
What is the best way to proceed?
You’re trying to get him to do something – so it’s civil court. You’ll have to hire an attorney, and also go after them for the attorney fees.
I’d write them a letter, send it certified, return receipt, requesting the information one more time, telling him you’ve requested it before, and if he doesn’t respond within 30 days, you’ll be "taking further legal steps" and looking for the attorney fees as well.
Keep in mind, as a member of the association, you can probably try to get him booted out for not doing his job, because any attorney fees would get divided up between all the homeowners; you WILL end up paying your share as well.
intercom
Friends, plz tell me the name of the magazines which tells abt the home appliances industry, the recent trends and happenings and also the developments and news related to that industry.
Dont Know but search on www.google.com
I would like to consider buying a few acres of land one day in the near future in the countryside to build a small log home on.
If a plot of land is built without any planning permission is it very difficult to obtain planning opermission to just build a small log home on?
Many thanks for any advice from people who have done similar developments.
There are quite a lot of things involved, including meeting building and environmental regulations which got tightened up a lot lately on things like heat efficiency and so forth.
Then there are factors like waste disposal, access and such. I haven’t built in the UK, but a couple of my contacts have and know a lot more about it than me, so with luck one of them may chip in a better answer.
Best of luck, and great plan. I moved to Australia to do the same thing, and over here planning is pretty straightforward and land is a whole lot cheaper.
Kids from outside come in with other kids to play ball, in the cul da sac. Sometimes the balls hit garage doors and cars, the police say the kids can play there. As a home owner do I have the rights to keep them off my properity?
Contact some of their parents if possible.
If you get no satisfaction from them, keep calling the police until they get tired of you and approach the kids and scare them off.
Don’t keep their ball unless it has damaged your property and you are holding it as evidence when you report to the police. Withholding property which you knowingly belong to another is criminal. It’s called conversion.
I have never used a Mac before but have heard good reviews. I never intend to develop software for Mac platform. I mainly develop in C, C++, Java. Any suggestions?
I use a PC with Windows or Linux at work for development. Can I create the same development environment on a Mac book and expect to compile and test my code without any changes whatsoever?
OSX isn’t much good for that, but Macs are Intel now. You can buy a Macbook and install XP on a second partition along with OSX. We do it on our new Macs at work, and it works fine. Apple gives you Boot camp for free. It will make a partition for Windows without hurting the OSX, and make you a drivers CD for XP. You can see the XP partition from OSX, so moving files netween the two is easy.