Overland Park KS Homes for sale & Johnson County Real Estate Blog: Kansas: Gardner

For would be home buyers in Johnson County Kansas there are very few down payment assistance programs. You have HUD homes that are available with $100 down payment but the selection of homes is usually pretty low and many are in very poor condition. Another option is a VA loan but those are only available to current Armed Forces and veterans. 

One really good option has been USDA Rural Development Loans, these government loans require no down payment. The only stipulation is that the home has to be in a USDA Rural Development zone. For Johnson County Kansas that encompasses areas of Gardner, Stilwell and Spring Hill. Earlier this year the USDA ran out of money to fund these loans and while congress did add emergency funds to the program most banks were unwilling to underwrite these loans due to changes in loan guidlelines.

Well some recent changes to guidelines has reopened the door to USDA Loans and most banks are underwriting USDA loans again. 

If you are looking for a home and need down payment assistance or simply lack the 3.5% down payment needed for an FHA Loan then a loan backed by USDA might be a good option for you.

For more information on USDA Rural Development Loans contact the Russell Home Team at 913-681-1383

To view Gardner Kansas homes for sale click Here

To View Stilwell Kansas Homes for Sale Click Here

To View Spring Hill Kansas Homes for Sale Click Here

Would be home buyers in Stilwell, Gardner and Spring Hill Kansas were dealt a blow a couple of months ago when it was announced that the USDA Rural Development Loan program was out of money. The USDA loans were one of the few remaining zero down payment options for Johnson County Kansas home buyers. 

Well worry no more, Congress has acted and made an emergency funding to the program. The USDA Rural Development loan program will once again provide 100% financing for home inside the development zones located in Stilwell, Gardner and Spring Hill.

If you would like to buy a home in one of these great Johnson County Kansas communities contact The Russell Home Team at 913-681-1383 or you can use our links below to search all homes for sale in Johnson County Kansas

How would you like to live for free in Gardner Kansas? Well if you purchase this newly listed 4 unit property you could be living absolutley free. Thios Gardner 4 unit is a HUD home and if you have been reading any of my posts, HUD homes only require a $100 down payment. Not only that but HUD allows for up to 3% of the purchase price to be used towards closing costs. Even better if you are a first time buyer you may qualify for the $8000 tax credit.

Each unit is 2 bedrooms and the average rent is around $500 to $550 per month and with the low $130,000 asking price you should be living free of charge.

Now that is how you make a difference in your life. When the time comes to buy your next place you will have rental income you can keep for the rest of your life.

Interested?

Call me at 913-681-1383

The Russell Home Team are HUD registered brokers in Kansas & Missouri

Gardner Kansas available HUD homes January 2010

Are you looking to buy a home in Gardner Kansas? Are you having a hard time saving the 3.5% down payment to buy a home in Gardner Kansas? Stop saving and start moving because there are 3 HUD homes available in Gardner Kansas that only require a $100 down payment. Even better HUD will contribute 3% of the purchase price towards your closing costs. How about an even better incentive. If you are a first time home buyer in Gardner Kansas you may be eligible for the $8,000 first time home buyer tax credit. Take a look at the Gardner HUD homes available for January 2010

3 bedroom 2 baths $152,000

3 bedrooms 2 bath $137,700

3 bedrooms 2 bath $152,000

HUD properties are sold on a weekly or daily bid basis and sell quickly. You MUST have a HUD registered broker to bid on Gardner HUD homes

To see all Gardner HUD homes for sale and to get more information on the $8,000 first time home buyers tax credit, use the links below or call the Russell Home Team at 913-681-1383

Do you want to buy a house in Gardner KS but lack the 3.5% down payment needed to get an FHA loan? Well then you should take a look at this HUD foreclosure. HUD foreclosures only require a $100 down payment and HUD will even allow 3% of the purchase price to be used towards closing costs.

Are you a first time buyer? First time home buyers can qualify for up to an $8,000 tax rebate when you purchase and close on a home before December 1st 2009.

This Gardner HUD home is a 3 bedroom 1 bath home that is listed for $118,000. Bidding on this property ends on June 7th so don't wait. You will need a HUD registered broker to place your bid on this home

To see all homes for sale in Johnson County and to get more information on the $8,000 tax credit use the links below

The Russell Home Team are HUD registered broker in Kansas & Missouri, call us today at 913-681-1383 to see this HUD home or visit our website at www.SearchjocoHomes.com