A brand-new, Red Hawk Village single family home with views of the Stagecoach reservoir recently sold for $300,000. There is another one available for $294,900. These distressed properties won’t last forever, and when they are gone, so are some of the best values in Routt County.
If you are wishing you could own one of these brand-new, distressed homes but don’t think you’ve saved enough for a down payment or can qualify for a mortgage in this current credit climate, think again.
Homes in Red Hawk Village can be financed with FHA Financing and even 100% Rural USDA loans. The best part? Low or zero down payments and relaxed credit scores.
If you are a first time buyer, you’ll also get $8000 back on your taxes, but only if you buy before November 30, 2009.
USDA 100% Loans
- NO Down Payment
- Income (depending on household size) less than $60,000 for singles or less than $87,000 for a family of 4
- Credit Score above 620
- 30 year terms and rates
- No Income Limit
- Loans up to $675,000
- 3.5% Down Payment
- Lower Credit Scores Accepted
Please call (970) 819-6372 or Contact Us to set up a showing or find out which lenders in Steamboat specialize in USDA and FHA loans.