Luis Gallardo Anaheim Hills Real Estate

Have you heard about Ameridream Down Payment Assistance?

Do you know what down payment assistance is and how it promotes homeownership?

Down payment assistance is a tool that aids in achieving homeownership, by eliminating the necessity for a qualified individual or family to produce his or her own down payment. The down payment is gifted through AmeriDream’s Home Fund and “funded, in part, by home sellers.¹”

I received an update from AmeriDream this morning with the following bits of information:

“Bipartisan legislation was introduced by Congressman Al Green to reauthorize DPA. This legislation, H.R. 600 would make an estimated 300,000 creditworthy homebuyers eligible for downpayment gifts every year.”

Please take a moment to review and analyze your thoughts regarding down payment assistance. If it is a program that you feel has value and is worthy of your support, please visit www.SupportHomeownership.org to learn how.

Luis Gallardo Anaheim Hills REALTOR®

TARBELL, REALTORS

(714) 702-0713 - Phone

Luis@LuisGallardo.net - Email

There are approximately twenty-eight 3 bedrooms 2 bathrooms homes for sale in Anaheim Hills. Their prices range from $299,000 to $849,900. How do we narrow it down? Price, that's a starting point. Location, let's refine it to a neighborhood. Living space, hey now were getting somewhere. Lot size is a big consideration. How about build date?

This is not an all inclusive list, there are other factors to consider or less, it all depends on the individual considering the purchase as well as their real estate and more importantly life goals.

A 3 bedrooms, 2 baths home average approximately 1,300 square feet with an average lot size of about 5,000 square feet and an average age of 30 years.

What "price range" / "selling price"? Between $450,000 - $525,000.

There are properties that advertise a lower price, but they are short sales and their price has not been approved. With short sales properties may sell for the advertised price, lower than the asking price or not sell at all. It will depend on the final decision from the lien holder (usually the bank) and what a buyer is willing to pay for the property and if a loan is required it will also depend on what the bank will appraise the property at.

If you reduce the square footage of the lot size to the average of 2,500 square feet, what are Anaheim Hills homes selling for: $380,000 and $450,000.