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$140,000 FAST SALE

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Address: 2345 S Ronnie Ct	City/ST: Big Lake, AK	Zip Code: 99652
Location: Big Lake	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 1700	Bedrooms: 2	Bathrooms: 2
MLS# 09-8538

Great opportunity for home ownership. This home is on a nice cul de sac location and has a nice view of the mountains. There is much to like about this one! This is a foreclosure situation. Make an offer and let's negotiate. The sale will be subject to participation from a third party and therefore may take more time for acceptance. Don't let this one get by! It would be hard to build for $72.94 a square foot.

Last Updated: 9/8/2009 7:50:25 PM

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Financing Your Home >Lenders Want to Say Yes

If you wish to buy a home but consider yourself incapable of getting credit, you may be living in the past in terms of assessing your financial situation. Lenders have become more flexible in underwriting mortgage loans.

A recent survey of mortgage lenders revealed some interesting trends. Ninety-six percent of those surveyed had cut their standard down payment requirements for moderate-income buyers, and 93% said they are more lenient regarding debt-to-income-ratios. Ninety-four percent of those surveyed said they now have more flexible approaches to credit histories, and look at rent and utility payments more than credit cards. Seventy-nine percent of lenders say they have relaxed employment criteria. They now look more at your capacity to generate a stable flow of income rather than requiring a long history at one job.

There are more lenders today, and they are in fierce competition with each other. The home loan industry has created entire markets that cater to those with less-than-perfect credit.

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Q	What area was designed to look like a 1940s southeastern town with traditional architecture?
A	Disney's "Celebration" in Orlando, FL, will eventually have 8,000 houses and many commercial tourist attractions.
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Paddy Coan, REALTOR�, real estate agent and broker for Wasilla, Palmer and Anchorage, Alaska home listings, property and land for sale - NUMBER1EXPERT

Paddy Coan
Prudential Jack White Vista Real Estate
865 N Seward Meridian Parkway, Suite 200
Wasilla, AK 99654
907 355 4209
Fax: 907 352 1890
paddycoan@NUMBER1EXPERT.com

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