Do you think that the state of the economy means that you should forget about being able to buy a home? Not so fast... prices are really low right now and so are mortgage rates. Take a look at the lowest priced home in Wahkiakum County:
This is a move-in-ready home with one bedroom downstairs and the entire half-story upstairs that could easily be used for additional sleeping areas. There's a nice kitchen with a large eating area, a living room and a 3/4 bathroom with a shower. The daylight basement could be used as a workshop. And there's ample room on the over 0.2 acres for picnics, a hot tub or a garage.
This home would easily rent for over $500/month. What do you suppose it would cost per month to own this home?
There are new loan programs available for low income people who wish to buy a home in our area. No down payment is required. Interest rates range from around 4.5% for people with moderate incomes (less than $70,750 for a family of four) to 1% for people with very low incomes (less than $29,200 for a family of four).
This means that you could own this home for a monthly payment of $431 if you have a moderate income, or as little as $ 274! That sure beats paying rent!
These loans are available at banks locally. Stop in our office at 50 Main St. in Cathlamet to find out how you can afford to buy this home or many others... and don't forget to ask for Bill.
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