Olive Branch Ms Hud Housing And Foreclosure Homes
How many HUD foreclosures are available for sale in Olive Branch, MS? Right now, Olive Branch, MS currently has 383 HUD foreclosure listings available.
HUD offers a variety of apartments, duplexes, townhouses and single-family houses to purchase in Olive Branch, MS. If you located a great foreclosed HUD home deal near you, be sure to first get pre-qualified before attempting to purchase the property – this is something you can do on your own online. In addition, a local real estate agent can help you with possible financing options and get you pre-qualified to buy a HUD home and/or foreclosure. Also remember: FHA assists first-time homebuyers and others who might be unable to meet down payment requirements for conventional loans, providing mortgage insurance to private lenders.
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Tax foreclosed homes are available for pennies on the dollar – as much as 75 percent off full market price !
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Homes For Sale With Pond In Olive Branch Ms
So you are looking for homes with pond in Olive Branch, MS? Excellent choice! Realtor.com® wants to make sure you can search for a house with pond with ease. That is why we have compiled a list of 13 homes with pond that are currently for sale within Olive Branch, MS residential boundaries, including open house listings. View each home individually and read the property details, which include the price, sales history, property tax, school information and much more. Get instant access to property photos so you can explore the home online. Many people choose to live near Olive Branch, MS because of its good reputation as well as its proximity to several parks and recreational areas. In fact, there are schools, universities, school districts and lastly parks nearby. Our goal is to help you buy your dream home.
Center Hill High School Real Estate & Homes For Sale
If you are looking to buy a home near Center Hill High School, the median listing home price of homes for sale in the area is $340,000. With such high demand, realtor.com® wants to make it easy for you to buy the exact home you want as soon as it hits the market. Above, you will see a list of 90 homes that are currently for sale near Center Hill High School, including open house listings. You can filter your results by the price, the number of bedrooms, the type of home, and more to buy the home that suits you. Be sure to check back often for updated listings or feel free to expand your search to include homes in the entire ZIP code or properties near a similar school district. Many people choose to live near Center Hill High School because of its good reputation as well as its proximity to several parks, recreational areas and higher institutes of learning. Nearby schools include reputed schools, reputed school districts, and reputed universities.
Usda Property Eligibility Requirements
Mortgage loan programs typically require borrowers to meet specific requirements and a property appraisal. The USDA loan program has additional requirements because of the programs mission to support affordable homeownership in rural areas for low- to moderate-income households.
Eligibility requirements for USDA loans include:
- The property must be located within a rural area that is designated as eligible for USDA loans.
- The property must be a single-family dwelling and not an apartment building. By USDAs definition, this includes detached single-family homes attached homes such as a duplex, townhouse or villa a condo a modular home or a manufactured home.
- The home can be located in a planned unit development.
- The home must meet the Department of Housing and Urban Developments 4000.1 minimum standards that also apply to homes financed with an FHA loan.
- Theres no set maximum purchase price applicants must qualify for loan repayment, which will impact the maximum price.
- Theres no limit on the amount of acreage that comes with the property.
- There are no seasoning requirements, which means that properties that have been flipped by the previous owner may be purchased. Flipped homes typically refer to a home thats been purchased, renovated and sold within a short period of time.
Popular Manufactured Homes In Olive Branch Mississippi
Considering Olive Branch, Mississippi as the moving location for your new manufactured home? American homebuyers are discovering that a factory-built home is often the best choice when considering things like value, flexibility, and peace of mind. We offer a wide range of manufactured, modular, and park model homes in your area.
There are many misconceptions about factory built homes, but the reality is that theyre often held to even higher construction quality standards as site-built homes. This ensures that they are solid and can withstand the transportation and installation process. Modular homes are also unique in that they can be thought of as stick built homes. The only difference is they are assembled off site to the local building code and then delivered and set on a permanent foundation for example, in Olive Branch, Mississippi!
Frustrated with other home shopping sites that only offer photos? ManufacturedHomes.com is happy to give buyers the ability to virtually experience a new manufactured or modular home from their computer or mobile device, wherever they are. This exciting technology gives a 360 degree view from a huge variety of vantage points inside the home, giving you a virtual walk-through experience that plain photos simply cant match. When you look for the perfect factory-built home in Olive Branch, Mississippi, keep an eye out for the 3D Tour icon and take a tour for yourself!
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What Qualifies As A Designated Rural Area
While you may think a rural area is defined by farms, fields and tiny villages, the USDA definition of a designated rural area is broader.
According to the USDA, an area can qualify as rural if it has:
- A population of no more than 2,500 people
- A population between 2,500 and 10,000 if its rural in character
- A population between 10,000 and 20,000 but isnt part of a metropolitan statistical area and doesnt offer mortgage programs for low- to moderate-income families
Usda Eligibility Maps: How To Use In Your House Hunt
Editorial Note: The content of this article is based on the authors opinions and recommendations alone. It may not have been previewed, commissioned or otherwise endorsed by any of our network partners.
While not everyone associates the U.S. Department of Agriculture with mortgage financing, an ideal place to find out about USDA loans is to start with the USDA eligibility map.
USDA mortgage loans offer 100% financing and low mortgage rates for low- and moderate-income borrowers who buy property in a rural area. But dont assume that means you must live on a farm. The rural definition includes towns with a population up to 20,000 if theyre not in a metro area and dont have homeownership programs for low- and moderate-income buyers.
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Huckleberry Dr Olive Branch Ms 38654
Listed By Jonathan L Bunch, Best Real Estate Company, Llc
BEAUTIFUL CUSTOM BRICK HOME IN AWARD WINNING DESOTO CENTRAL SCHOOLS DISTRICT THAT IS LESS THAN 4 YEARS OLD WITH 5 BEDROOMS AND 2 1/2 BATHS ~ BEAUTIFUL CURB APPEAL W/ LARGE FRONT YARD & 2 CAR GARAGE ~ COVERED FRONT PORCH~ SPACIOUS LIVING ROOM W/ FIREPLACE & LAMINATE WOOD FLOORING ~ GORGEOUS KITCHEN W/ STAINLESS STEEL APPLIANCES, CUSTOM CABINETS & COUNTERTOPS W/ CENTER ISLAND~ SPACIOUS PRIMARY BEDROOM W/ 52′ INCH CEILING FAN ~ PRIMARY BATH HAS DOUBLE VANITY SINKS, LARGE TUB, & STAND ALONE SHOWER ~ WOOD TREADS ON THE STAIRS THAT LEADS TO 4 LARGE BEDROOMS ADJACENT TO A FULL BATH. DID I FORGET TO MENTION THAT THIS HOME HAS AN UNFINISHED BONUS ROOM AND ENERGY SAVING ENCAPSULATED SPRAY FOAM INSULATION? THIS HOME ALSO HAS A NICE FENCED-IN BACKYARD! DON’T MISS OUT ON THIS BEAUTIFUL HOME AND SCHEDULE YOUR APPOINTMENT TODAY!
Olive Branch Ms Real Estate & Homes For Sale
- Brokered byUnited Real Estate Mid-SouthNew
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Homes For Sale Near Center Hill High School
- GreatSchools Rating
- Brokered byKELLER WILLIAMS REALTY – GETWELLFor Sale
What Does Property Eligibility Mean
While all lenders review the value of a property before deciding if they will approve a mortgage, the USDA loan program is designed to provide loans for low- and moderate-income households living in rural areas. The loan program is focused on improving access to affordable homeownership in rural areas.
The USDA eligibility map offers an initial way to search locations and identify areas where USDA loans are available. Only properties within areas designated as rural qualify for the loan program. If youre shopping for a home in an area that could be defined as rural, checking the USDA property eligibility map is a first step to see if USDA financing is available.
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Olive Branch Mississippi Area Overview
Wondering what its like to live in Olive Branch, Mississippi? We understand that choosing a place to live is almost as important as choosing a manufactured or modular home thats right for you. Take a look below and see what the area has to offer. Compare the average cost of a traditional stick-built home in Olive Branch with that of a manufactured or modular home, and see why factory-built is the right choice. We also have lots of helpful links that can help you explore Olive Branch and get a better idea of what its like to live there.
Housing Market Trends
How To Use The Usda Eligibility Map
Whether you have a property in mind that you want to buy or you want to look for USDA eligible homes, start by opening the USDA eligibility map and follow these steps:
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Desoto County Ms Real Estate & Homes For Sale
Homes for sale in DeSoto County, MS have a median listing home price of $299,900. There are 1232 active homes for sale in DeSoto County, MS. Some of the hottest neighborhoods near DeSoto County, MS are Hickory Hill, Sea Isle Park, Wolfchase, High Point Terrace, Colonial Acres. You may also be interested in single family homes and condo/townhomes for sale in popular zip codes like 38017, 38654, or three bedroom homes for sale in neighboring cities, such as Memphis, Collierville, Olive Branch, Southaven, Mineral Wells.
Cheap Homes For Sale In Olive Branch
There are currently 201 cheap homes for sale in Olive Branch at a median listing price of $355K. Some of these homes are “Hot Homes,” meaning they’re likely to sell quickly. Most homes for sale in Olive Branch stay on the market for 10 days. Popular neighborhoods include Parkway Village, Pinnacle Point, Capleville, Lake Village, and Southwind. This map is refreshed with the newest listings in Olive Branch every 15 minutes.
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What Is The Usda Eligibility Map
The USDA eligibility map offers a searchable method to determine where there are homes that can be financed with a USDA loan. Since USDA loans are limited to homes that meet the definition of a rural location, one of the first steps to applying for a USDA loan is to see if the neighborhood where you want to buy a home qualifies as rural.
If you already have a home in mind to buy, you can use the USDA eligibility map to check that address to see if USDA financing is an option.
If a property is located in an area designated as rural on the USDA eligibility, that doesnt mean you can definitely finance it with a USDA loan. The USDA has a disclaimer to explain that eligibility on the map is not a guarantee of eligibility or of an approved loan. A loan application must be reviewed to determine eligibility.