Bank Owned Properties in Snohomish County will $ave you Money.

I'm a Bank Foreclosure Specialist and a life long Resident of Snohomish County.

I have Access to every Bank Owned Foreclosure home on the Market.

Your information will be safe and not shared with anyone.

My service are FREE to "All" buyers.

I also offer a FREE one year home warranty for your peace of mind.

Contact me today and get the exciting details on how affordable homes can be and let me put my years of experience to work for "You".

I have access to every bank owned foreclosure home on the market.

Call today for information, I'd be happy to help out.

*Buyer's Specialist* 425 870-9452 Terry Ervig

Free Forclosure List & Zero Down Loan Info. Scan Me!

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USDA Zero Down Home Loans!

Not all lenders are qualified to do USDA loans. If you have a lender already, simply ask them. If not I can refer you to a highly trained professional that is.

Is your property eligible? Do you meet the income restrictions?

The easiest way is to contact a lender or click here to find out: USDA Rural Development Eligibility

Click here for a Snohomish County map of approved locations: USDA Map Boundaries *Note: USDA boundaries are outside of marked red area of map* The boundaries also cover all of Arlington, Stanwood, Smokey Point, Granite Falls, Lake Wood, Sulvana, and much more.

Free Forclosure List & Zero Down Loan Info.

Basic Guidelines for USDA made simple:

*The following is subject to change without notice via USDA Rural Developement*

· 100%, No Mortgage Insurance financing

· Properties must be located in an eligible rural area

· Eligible property types include SFR, Condo and PUD. Manufactured housing is allowed if the unit is 12 months old or newer and never been occupied.

· Income is limited to 115% of the US median income, adjusted to number of people in the household.

· There are no sales price restrictions

· There are no declining markets issues to consider

· No cash reserve requirements

· Loans can be manually underwritten or go thru USDA's AUS, GUS. If manually underwritten ratios are limited to 29/41. Exceptions can be made with high credit scores and strong compensating factors.

· There is a one-time 2% guarantee fee for purchase transactions and .5% fee for refinances. The guarantee fee may be financed.

· Closing costs can be financed if the appraised value is higher than the sales price

· Secondary financing is allowed with approved state bond programs.

· In-ground swimming pools are generally not allowed. All properties with pools will need an exception granted by USDA.

· Credit history: above 620 score, no need for VOR and can disregard bad debts (must pay off federal debts)

The appraisal should be completed by an FHA approved appraiser although an FHA report is not necessary. If the appraisal is completed by an FHA approved appraiser then a termite report and clearance and a septic certification are only required if specifically conditioned for. If a non-FHA appraiser completes the appraisal, then a termite report and clearance will always be required. In addition, the FHA approved appraiser must make the following certification: "The dwelling meets HUD's minimum property standards for existing dwellings as outlined in HUD Handbooks 4150.2 and 4905.1". Most non-FHA approved appraisers are not comfortable making that statement so instead they can complete an attached certification form.

The Crossings at Catherine Creek is a Great Neighborhood in Lake Stevens

Qualifying for USDA Zero Down Home Loans with Low Interest Rates & Great Prices. *See links on right side of this page below Home Realty logo!*

The Crossings at Catherine Creek's main entrance has a modern classic old style covered bridge built in 2001. The bridge is 100’ long and has sidewalks with a concrete deck that’s lighted 24/7.

Its located ½ mile from HWY 92 and under 2 ½ minutes from shopping, Lake Stevens Community Beach, North Cove Park and the new boat launch. Catherine Creek is classified as a Salmon bearing creek. As a child I actually chased them. My Grandfather's farm was just up the street.

The Crossings at Catherine Creek are well kept homes with nice side walks and intentional dead ends creating low traffic cul-de-sacs.

Green belts are also laced between the streets creating even more of a country atmosphere in The Crossings at Catherine Creek (See color map).

Lake Steven's schools consistently rank in the top ten for Washington State.

My family has been attending for four generations now. The only district in our area in the top ten is Mukilteo, and the cost of living is substantially higher. Lake Stevens High School (left & center) and Mt. Pilchuck Elementary (right) are both around 3 minutes away! Click here for more Info.

The second entrance is less than 30 seconds from Hwy 92 and about 3 minutes from HWY 9.

South HWY 9 down to Lundeen Parkway and Frontier Village, which is about 8 minutes from The Crossings at Catherine Creek.

Whether it’s food, fun, shopping, boating or swimming, it’s all less than 2 ½ minutes to the lake and original town!

Need a little exercise? The entrance to the Bicentennial Trail is less than a 30 second ride from the second entrance! There’s even a tunnel that goes under HWY 92.

The paved trail goes past Arlington to the North and to Snohomish to the South.

Horses and dogs are allowed and pretty much anything without a motor. There are also crossings at all intersections with small parks along the way with facilities.

The Crossing at Catherine Creek has a quiet country setting, yet close to where you want to be.

If your checking out homes for sale in Lake Stevens. It’s definitely worth your time to check it out!

Lake Stevens Homes for Sale

Homes for Sale Lake Stevens Specials

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Bank Foreclosures Currently Available

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Feel free to contact me, I'd be happy to help out.

*Buyer's Specialist* Terry Ervig 425 870-9452

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