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Do you need to have money down to buy your first home in Beaverton Oregon?

This is one question I get asked a lot from people wanting to relocate to Beaverton, Oregon. “Do I need money down to buy my first home in Beaverton Oregon?” The basic and simple answer is yes. However, then there is always that… BUT!

The “BUT” of the question, is that you do, “BUT” you can drive about an extra 10 minutes and get outside the urban growth boundary and still buy with 100% financing. If you work in downtown Portland, your drive will only be about 30 minutes between the hours of 6am-8am. Heck it can take that long from the center of Beaverton with traffic lights.

So, if you are interested in buying your first home, with no money down, I invite you to give me a call. I can show you some areas just outside the urban growth boundary that aren’t in Beaverton, but not as far away as you might think.

Another “BUT” to the question is if you are a veteran, you can still buy homes in Beaverton with no money down. There certainly are some great deals to be had here with record low interest rates and home prices the lowest they have been in about 2 years.

So, give me a call if you are looking for that first home in Beaverton, or the surrounding areas, and I would love to help your family home.





Todd Clark - Broker / Sales Coach
Palazzo Realty Group
Phone: (503)524-9494
Fax: (503)622-8739



©2009 Todd Clark - Do you need to have money down to buy your first home in Beaverton Oregon?

Comments

I know many buyers will drive that 10 minutes and the savings will more than pay for that extra fuel... Good job Todd...

 

Posted by Paul Henderson, Realtor ® Lacey, DuPont or Hartstene Pointe WA. (RE/MAX Professionals & Four Seasons Inc.) about 1 year ago

Rural homes are big here in the Pacific Northwest, huh? I work a lot of those deals - more now than ever. Besides, here in Bellingham, the father out you go, the better the views are. So it really is a win-win I think. Good work for your clients, Todd. How's that new office treating you? Cheers,

Amy's Sweet Signature

Posted by Amy S Zender - Bellingham, WA Realtor®, CBPOS (Keller Williams Western Realty) about 1 year ago

This is a good post. Many buyers donot know about the programs.

Posted by GITA BANTWAL, REALTOR BUCKS COUNTY, PA HOMES (ReMax Centre Realtors) about 1 year ago

And if its your first home uncle Sam will kick you in 8K. You must be busy lately I haven't seen as many post as normal.

Posted by Laura Jefferson (Acquire Real Estate) about 1 year ago

Todd, I think a lot of buyers think that no  money down loans are gone but that is not the case here either.

Posted by Barb Szabo E-pro Realtor Cleveland Ohio Homes (RE/MAX Trinity) about 1 year ago

Paul - 10 minutes is not that long if you consider that it may mean the difference between owning a home and not owning a home.

Amy - I am loving the new office, they are so supportive and business is starting to move because of the support. They will step in and do some of my work for free if I start to get overwhelmed on one day and then I can help them on the opposite days.

Posted by Todd Clark (Broker) (503)524-9494 (Beaverton, Oregon Real Estate Expert) (Capstone Real Estate) about 1 year ago

Gita - It is mainly because everyone focuses on those that are immediately available for the local area, they don't care to learn about the loans that are a little more out of the ordinary.

Laura - I know! Imagine no money out of pocket to move in, then money in pocket to live there from the government.

Posted by Todd Clark (Broker) (503)524-9494 (Beaverton, Oregon Real Estate Expert) (Capstone Real Estate) about 1 year ago

Barb - There are certainly a few left, we just need to educate our clients of what is out there.

Posted by Todd Clark (Broker) (503)524-9494 (Beaverton, Oregon Real Estate Expert) (Capstone Real Estate) about 1 year ago

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