One of the most common deterrents to first-time home buyers is the lack of a down payment. However, the home loan industry has practically re-created itself in the last ten years, making it easier than ever to obtain a mortgage, and new mortgage programs are always cropping up.

Some states sponsor loan programs that allow buyers to purchase a home without putting any money down. A parent or other relative can guarantee repayment of ten percent of the loan if the buyer defaults. The only cash needed is for the closing costs, which typically run about three percent of the loan. Parents can also give their children down payment help through a personal note or second trust deed. The terms can be set up for monthly payments or annual payments amortized over a period of time. You could pay the interest only, and have the payoff due when the property is sold.

With so many alternatives, doesn't it make sense to call your real estate agent for a free consultation? You may be closer to home ownership than you think.

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Jennifer Venable and Shauna White
Portland Home Experts - John L Scott
1800 NW 167 Place
Suite #100
Beaverton, OR 97006
Jennifer Office: 503-645-7433 ext, 245
Jennifer's Cell: 503-889-6472
Shauna's Cell : 503-380-0746
Fax: 503-645-3049
Jennifer E-mail: jenniferv@johnlscott.com
Shauna E-mail: Shaunaw@johnlscott.com

We can't wait to work with you! Whatever you need, we can help! Whether you're a first-time homebuyer or seasoned investor you will find your experience working with us a pleasure! Are you moving from out of the area? Whatever we can do to to make your transition to the Portland area smoother, you let us know! We can do a ton to make your life easier! New Construction? We have a wonderful builder who does amazing custom construction as you can see if you peruse through some of our listings. Are you an Investor???? ....we have a unique niche in helping people who are credit challenged but mortgage capable to get into their first or sometimes subsequent home through a lease option program we specialize in. Are you looking for a home with instant equity??? ...sometimes we can match you with one of our investors that purchase pre-foreclosure homes! They will sell to you at much better than market value. If you would like to know about these homes in advance please contact us. We would love to work with you and help you attain your real estate dreams! Please send us an email or phone call, we look forward to meeting you! Jennifer & Shauna

    

    

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