About Perry County, PA

For Immediate Release

Marysville, PA - February 12, 2011

Cavalry Realty LLC has announced that it has acquired the Internet site

http://marysville.perrycountyhousevalues.com

to help facilitate servicing the large number of requests recieved since the beggining of the FREE CMA program.

Justin Bethea, branch manager, is quoted as saying "this allows residents who want to take advantage of our

FREE CMA program the abilty to log on to a simple to use website and enter all the information they need to get

the ball rolling". Residents who want to know what their house would sell for in the current real estate market visit

the website and enter basic information about their home, their file is then assigned to a REALTOR® for review.

In less than 24 hours the REALTOR® is able to provide an estimate, based on public records and sales data, of

the homes market price based on generall assumptions. They then have the ability to request an onsite review,

which dramatically narrows the price range and makes adjustments for those things that can't be ascertained in

an offsite review.

The new website can also be found by visiting the Marysville Branch's website at http://cavalrysells.com and

clicking on the link labled "your homes value" on the left side of the screen.

Looking to buy a home in Perry County, Pennsylvania?

You might want to make a quick check to see if you and the property are eligible for a Pennsylvania USDA Mortgage, also known as a Pennsylvania USDA Rural Development Loan. Here's Why... USDA home loans offer a few benefits that other mortgage programs cannot match, including no down payment and financed closing cost. If the home appraisal allows, the closing costs can also be wrapped into the mortgage resulting in no money needed at the closing table. USDA is the only mortgage program that allows for all closing costs to be financed into the loan amount on a home purchase. Interest rates for USDA mortgages are comparable and often lower than the low fixed rates of Conventional, FHA and VA financing. The USDA Mortgage program does have restrictions when it comes to location and income, so a quick check on this key qualifying criteria should be done first.

Benefits of the USDA Mortgage Program True 100% no money down financing. The ability to finance in your closing costs (if the appraised value supports the loan amt) The seller may contribute up to 6% of the purchase price towards your closing costs Low fixed interest rates. More flexible credit qualifying guidelines with minimum 620 credit score Often available for properties in towns and suburbs too

What areas of Perry County are eligible for USDA Financing?

ALL of Perry County is zoned as USDA eligible.

USDA Eligible Areas in Perry County include...

• Acker
• Alinda
• Andersonburg
• Bailey
• Blain
• Bixler
• Bridgeport
• Center Square
• Centerville
• Centre
• Cisna Run
• Couchtown
• Cove
• Crums Corners
• Dellville
• Donnally Mills
• Dromgold
• Duncannon
• Elliottsburg
• Erly
• Eshcol
• Falling Spring
• Fort Robertson
• Glenvale
• Gramere
• Half Falls
• Ickesburg
• Juniata Furnace
• Keystone
• Kinkora Heights
• Kistler
• Landisburg
• Little Germany
• Liverpool
• Losh Run
• Loysville
• Mannsville
• Markelsville
• Marysville
• McKee
• Mecks Corner
• Millerstown
• Milltown
• Montebello
• Montgomery Ferry
• Mount Patrick
• Mount Pleasant
• Nekoda
• New Bloomfield
• New Buffalo
• New Germantown
• Newport
• Oakgrove
• Old Ferry
• Perdix
• Pfoutz Valley
• Pine Grove
• Reward
• Rose Glen
• Roseburg
• Saville
• Seyoc
• Shermans Dale
• Stony Point
• Sundy Place
• Wahneta
• Walnut Grove
• Wardville
• Wila
• all areas

What are the USDA Mortgage Income Limits for Perry County?

Household Size: 1-4 Family Members 5 or more Family Members

Maximum Adjusted Income $74,050 $97,750

If at first glance, it appears your household income exceeds the above limits, it is worth checking the USDA Income Calculator on the USDA website (link below). The USDA allows for several deductions which may allow your Household Income to fit within their Maximum Adjusted Income Guidelines.

USDA Income Eligibility Worksheet

Ok, the Property is in a USDA Eligible Area and your Household Income is within the USDA Income Limits, now what?

Like all mortgages, USDA Mortgages do require an applicant to qualify based on recent credit history. USDA credit requirements are some of the most flexible of any mortgage program available. More detailed information about USDA Mortgage Credit Requirements can be found with the link below...

USDA Credit Requirements

For buyers looking to purchase a home in Perry County Pennsylvania, the USDA Rural Development Mortgage is definitely worth a look. Feel free to contact me with any further questions about the program.

Many First Time Home Buyers have begun to spring into action to take advantage of the $8,000 tax credit or 10% of the purchase price whichever is lesser. Home Buyers who qualify can not have owned a residence in the past 3yrs, this means that a buyer could not have been listed on a deed in the last 3yrs.

The tax credit has also been granted to current home owners. This tax credit is in the amount of $6500, or 10% of the purchase price whichever is lesser. Buyers in this case have had to own a residence consecutively for 5yrs in the last 8yrs. A home owner does not have to buy up to qualify, meaning they do not have to purchase a home more than their current home is worth.

Buyer's do have to be under contract to purchase a new home by April 30th, 2010 and the deal will have to be closed by June 30th. This tax credit is extended to June 30th, 2011 for anyone who has served in the Military for at least 90 days.

This a great time to buy, and with the tax season ending what better way to use your refund check than investing in a dream!

For More Information on Tax Benefits Visit www.IRS.gov

I work a lot in new construction. In my office I have several signs that are designed to make people see the financial risks associated with fence sitting, when it comes to getting started on their building project. The first sign says "Are you waiting on your dream home, or is it waiting on you?", the second one reads "As building materials increase in price, so does the cost of new construction". The third one reads "The more you delay the more you pay".

Today I heard a gentleman in my waiting room say to his wife, while reading my signs "You can tell they are all about getting you to sign something as quick as possible". I told him that I had overheard his comment and while it was true that I would try to earn his business as quickly as possible, that I felt he had misinterpreted the messages on those signs. We then had a conversation where I told him of the clients that I had that were perpetual fence sitters. Every year to year and half they come back to my office ready to get started on their new home. We begin looking for ground, getting estimates, picking out options and finally putting together a budget. That's when it happens, they are confronted with the realization that the project they wanted to build a year ago, but couldn't commit to, is now going to cost them 7 or 8 percent more. They head right back to the fence and pop back up in a year. Then we start the whole cycle over again. The gentleman in my waiting room listened politely, then he smiled at me and said "It's Okay, I'm in sales too" then he took some brochures and went on his way.

I kind of wonder if that fellow believes "Carpe Diem" and "Never put off until tomorrow what you can do today" are also high-pressure sales techniques.