Amazing Ranch style home, very well taken care of.  Home features wood trim through out, two toned paint, beautiful hard wood floors, huge kitchen with lots of cabinetry and an eating bar, all bathrooms feature tile floors and tile showers, home has been updated and looks immaculate. Looking for that party hall with a wet bar and space for a pool table, plus a huge theater/tv area? Look no further. Wet bar was hand crafted and looks beautiful. Bedrooms are huge with lots of room to grow into. Yard is absolutely amazing with concrete patio, mature trees and established lawn, concrete curbing and an automatic sprinkler system. Large storage shed in back and lots of storage throughout the home. If your yards not enough another amazing benefit is a huge free Shamrock park including tennis, basketball, play land for the kids, huge sledding hill and lots of grass to run around on or play Frisbee, football, baseball, soccer, etc. The park is a hidden bonus!

Amazing rates!  Now is the time to buy.  Most people never thought interest rates would get this low.  Buy your Idaho Falls Home now for 3.75%.  Prices are at an all time low as well.  Now is the time to buy real estate in Idaho Falls.  Some restrictions apply contact or Idaho Falls preferred lender today.  Jason Spears at Citizens Community Bank.  (208) 528-2329.  Rates won’t last long.

As an Eastern Idaho Resident you can take advantage of the Obama Stimulus Plan. First time Home Buyers in Idaho Falls and surrounding areas can qualify for this $8,000 Tax Credit.

See if You Qualify:

• First Time Home Buyer
• Make less than $250,000/year
• Other Qualifications found in video below

The credit is for first time home buyers and is available for 10% of the cost of your home, up to 8,000. The credit can be claimed on either your ’08 taxes or ’09 taxes but the purchase must occur in January thru December 1st.

More FAQ’s Answered in this video:

What is a 203(b) Loan?

This is the most commonly used FHA program. It offers a low down payment, flexible qualifying guidelines, limited lender’s fees, and a maximum loan amount.

What is A 203(k) Loan?

This is a loan that enables the home buyer to finance both the purchase and rehabilitation of a home through a single mortgage. A portion of the loan is used to pay off the seller’s existing mortgage and the remainder is placed in an escrow account and released as rehabilitation is completed. Basic guidelines for 203(k) loans are as follows:
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What is Mortgage Insurance?

Mortgage insurance is a policy that protects lenders against some or
most of the losses that result from defaults on home mortgages. It’s required
primarily for borrowers making a down payment of less than 20%.
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What is The U.S. Department Of Housing and Urban Development?

Also known as HUD, the U.S. Department of Housing and Urban Development was established in 1965 to develop national policies and programs to address housing needs in the U.S. One of HUD’s primary missions is to create a suitable living environment for all Americans by developing and improving the country’s communities and enforcing fair housing laws.

How Does HUD Help Home buyers and Homeowners?

HUD helps people by administering a variety of programs that develop and support affordable housing. Specifically, HUD plays a large role in home ownership by making loans available for lower- and moderate-income families through its FHA mortgage insurance program and its HUD Homes program. HUD owns homes in many communities throughout the U.S. and offers them for sale at attractive prices and economical terms. HUD also seeks to protect consumers through education, Fair Housing Laws, and housing rehabilitation initiatives.
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What Happens After I’ve Applied for My Loan?

It usually takes a lender between 1-6 weeks to complete the evaluation
of your application. Its not unusual for the lender to ask for more information
once the application has been submitted. The sooner you can provide the
information, the faster your application will be processed. Once all the
information has been verified the lender will call you to let you know
the outcome of your application. If the loan is approved, a closing date
is set up and the lender will review the closing with you. And after closing,
you’ll be able to move into your new home.
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How do I choose the Best Loan-Program For Me?

Your personal situation will determine the best kind of loan for you.
By asking yourself a few questions, you can help narrow your search among
the many options available and discover which loan suits you best.
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What Steps Need to be Taken to Secure a Loan?

The first step in securing a loan is to complete a loan application.
To do so, you’ll need the following information.
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What is a Mortgage?

Generally speaking, a mortgage is a loan obtained to purchase real estate.
The “mortgage” itself is a lien (a legal claim) on the home
or property that secures the promise to pay the debt. All mortgages have
two features in common: principal and interest.
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