Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Wednesday, January 25, 2012
Sub-$100K Single Family Home Sales

As the real estate market heated up, the opportunity to buy a single family home in the City of Harrisonburg for less than $100K cooled down.  Now, however, there are more opportunities to buy such homes. 

The even better news is that it's more affordable than ever to buy such a property.

Sub-$100 Mortgage

The chart above shows the principal and interest payment on a $96,500 loan (a 96.5% FHA loan on a $100K purchase) given the interest rates over the last 11 years.  This does not include taxes, insurance, and PMI.

If you are looking for an affordable house --- either from a sales price perspective, or a monthly payment perspective --- don't hesitate to contact me (scott@HarrisonburgHousingToday.com or 540-578-0102).  I'd be happy to help you find a home to meet your needs.