John and Candi wanted to buy a home but they
had some problems which they could not overcome. Just three years out of law
school, Candi was rising through the ranks of her firm very fast, and her rising
income was helping her pay down her substantial student loans. However, they
were giving up huge sums to income taxes. They needed a tax shelter, and a home
of their own was the smartest way to go, but they didn’t have a lot of cash
for the down payment.
A friend referred them to Karen
Bailey of Karen Bailey
for help getting a home and a loan that would fit their situation. We took a
look at their situation and recommended a zero down payment home loan program
specifically for licensed professionals. This unique program allows licensed
professionals such as doctors, lawyers, accountants, engineers, and architects
to buy homes with now down payment, up to a maximum of $330,000. John and Candi
were pre-approved for their loan in just two days.
Then John and Candi used the Home
Finder service to gather information about all of the homes that fit
their needs, including three or more acres for the horses Candi would someday
own. In less than a week, using the Home Finder
service, John and Candi found their
dream home on five acres, a beautifully updated home with a garage for John
go-carts (his hobby) and a two-stall stable for Candi’s horses.
We showed showed them how to buy that home at
a great price, and have the seller pay all of their closing costs. Then they
brought down their interest rate with extra points that they rolled into the
loan.
Now they are living in their lovely country
home for a house payment cheaper than the rent the used to pay, and they cut
their income taxes by over $5500 a year.
You can learn
more about the unique zero down home loan, and a variety of
other zero down loans by giving
a call to Karen Bailey:
919-471-3919