Coarsegold California Real Estate

While lending practices nationwide have undergone some changes this year, including the ways in which appraisals are ordered, and how additional required HUD disclosures are made , there are still good loan products available for today’s buyers.

Conventional loan programs are available for purchases here in Coarsegold, and interest rates remain low. Depending upon individual needs there are fixed rate loans, adjustable rates, and FHA and VA programs available.

I highly recommend utilizing the services of a reputable local lender and escrow/title company who are familiar with our Eastern Madera County area, for several reasons. First, a home purchase is one of the largest investments a person will make in their lifetime. It is important that everyone involved in the transaction knows all of the specifics about the property, where it is located, and any special information, such as if it is has a well or is on a septic system.  Local lenders and escrow companies are aware of a variety of local issues that may come up which need to be addressed prior to closing.

Second, it is far more likely that a local lender will be able to use an appraiser who knows and has access to details on property values here. This information protects not only the lender but also the buyer and the seller. A third reason to utilize companies from our immediate area is far greater ease in facilitating signings, paperwork transfer, and the proper recordation of the deed transferring title.

Many homes for sale in Coarsegold are bank-owned properties.   Some of these may qualify for an FHA or USDA loan, which have their own individual requirements.   A good lender will be able to assist you in finding the right loan program for your needs.

Our Bass Lake Realty agents are happy to assist you in throughout the real estate transaction, beginning with finding a quality lender who can help make the purchase of your home a smooth and enjoyable process.

-Beth Carver, February 22, 2010