CALHFA

Low Priced Condo! 1348 E. Hillcrest Dr. #79, Thousand Oaks Ca

/ tristanahumada / Leave a comment

Homes in Thousand Oaks, Ca are not hard to find, but finding a great deal in Thousand Oaks, Ca is a bit hard. Here, at 1348 E. Hillcrest Dr. #79, Thousand Oaks Ca is a great deal. The property was remodeled and looks amazing. Its a little on the smaller side at 809 Square feet, but you get 2 full bedrooms and 2 full baths, with a great looking kitchen and a nice balcony. To wrap it up you also get a 2 car attached garage! All this for $195,000.

At this price most people are either buying for the first time or investors. If you are a first time home buyer, there is a great program for first time home buyers in Thousand Oaks and in all of California. The program is a CALHFA program, it allows you to purchase a property with as little as 1% down.

If you or anyone you know would like to see this property please let me know. Feel free to Search for other homes in Thousand Oaks or anywhere in Southern California on my website. Feel free to call me, Tristan Ahumada 805-559-3364 or send me an email.

Front of Home


Kitchen


Homebuyers Assistance Program in California

/ tristanahumada / 1 Comment

Homes for sale in Thousand Oaks, Ca can be found for all different prices, but can first time homebuyers afford them? Thats the question I am here to answer. Whether you want to buy homes in Thousand Oaks or any where else in Southern California as a first time home buyer it can be hard. First you must remember that to qualify as a first time homebuyer Borrower must be a first-time homebuyer purchasing a primary residence intended for owner-occupancy. Borrowers are considered first-time homebuyers if they have not owned and occupied a home in the past three (3) years.. There is a program that is an FHA program with CALHFA that allows you to purchase with as little as 1% down! Amazing, only 1% down and the program is CHDAP, the CHDAP offers down payment or closing cost assistance for first-time homebuyers who meet specified moderate income limits.

How The Program Works

The CHDAP provides a deferred-payment junior loan – up to 3% of the purchase price, or appraised value, whichever is less – to qualified borrowers to be used for their down payment and/or closing costs. This junior loan may be combined with a CalHFA or non-CalHFA fixed rate, first mortgage loan. A minimum contribution is required from the borrowers own funds. The contribution must be the greater of 1% of the sales price or $1,000.

Please see a CalHFA-approved lender for complete details.

This program has been around for years, but no one has taken advantage of it. So here is the program again, now go online to look for homes for sale in Thousand Oaks, or any where in Southern California.