Property: Welcome to Merced http://www.cityofmerced.org/
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http://www.cityofmerced.org/depts/public_information_office/city_newsletters/default.asp
City Pictures: Merced-California-Community-Pictures
1625 Ellen Drive, Merced, CA 95341
FOR SALE AT REDUCED PRICE!!! $159,500.00 & Seller will Agree to Pay for Qualified Buyers up to $2,500.00 in NRCC @ Escrow.
100% Property Upgrade Completed through out Property less than 12 months ago!!! Call Today (916) 588 6539
City News Letter Subscription:
http://www.cityofmerced.org/depts/public_information_office/city_newsletters/default.asp
City Pictures: Merced-California-Community-Pictures
1625 Ellen Drive, Merced, CA 95341
| Listing #13056647 $159,900 (LP) Price/SqFt: 122.53 | 1625 Ellen Ave, Merced, CA 95341 * Active (09/18/13) DOM/CDOM: 74/74 | |||
| Beds: 3 | Baths: 2 (2 0) (FH) | Sq Ft: 1305 | Lot Sz: 8712sqft | |
| Area: 20407 | Yr: 1957 (Info. Posted 12/3/13) | |||
100% Property Upgrade Completed through out Property less than 12 months ago!!! Call Today (916) 588 6539
Make and Appointment with my Preferred In-House Lender who can get you Qualified for up to $35,000+ County First Time Buyer Assistance Program.
This is not a Legal Estimate and it is not based on your Qualifications...You have to meet a Licensed Agent and get Qualified. First Time Buyer Programs in different Countries in California and other States have existed for years. I have personally closed several of these transactions when I was a Licensed Lender. The number used here are Estimates based on possible scenarios that are Theoretical and not based on any one individual and or issued by any one Company. The Qualification and Calculations are always a product of a Individualize Estimates by a particular Licensed Lender.
Considering
Price of = $159,500 usd
NRCC by Seller = $2,500 usd at COE
First Time Assistance for = $35,000 usd (that comes as a No-Payment and Forgiven
Loan for a Commitment Time to Ownership-see County
Licensed Lender)
Taxes Estimated = $669 usd a year
Insurance (varies per Buyer's Qualif)=.035% x value (per County Assessor's) Estimated 558.25/yr
You would only pay mortgage estimated to $159,500 - $35,000 = approximately $124,500.00
& Again..THIS IS AND ESTIMATE NOT A GOOD FAITH OFFER AND IT DOES VERY PER PERSON...YOUR LENDER IS WELCOME TO TALK TO ME FOR FURTHER INFORMATION.
If we use a 5.875% fixed FHA Rate P&I = around estimated number of $955.37 USD per month. After your Expenses and Payment Deductions through your Licensed CPA it is likely you will pay much less money than you are now renting without any opportunity to earned Equity and or Future Equity (house might move up in price). You will have to pay Taxes and Insurance as well per Lender's Instructions via Escrow Account and or on your Own.
Don't hesitate to call Today 916.588.6539
Other Critical Websites Related to Merced:
Merced County http://www.co.merced.ca.us/
Local Attractions in Merced http://visitmerced.travel/Attractions/attractions.php










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