Would you Live in a Tiny House? Did you know people are living their dreams in tiny spaces? They are! People are living in 800 sq. ft or less & loving it! It all starts with a vision! A plan! And no need to be an artist when doodling your ideas down on paper!
People in the Midwest are wanting more out of life, meaning many are not wanting a large house payment! After all, it’s a lifestyle they are after, not more things which in turn…makes you want more things!
It’s the adventure of really living life to the fullest, but of course not without modern technology!
From cells phones to the internet, to a good movie every now & again, people are still able to keep the modern comforts of big home living! And by God that even means having a fully functional bathroom complete with tub & shower!
Yep! Look around you, you will see people moving from their $1300-dollar apartment rent or house payment (perhaps higher) to a fully functional tiny home with all the amenities of a big city home, minus the price!
And lets not forget, many folks are giving up city living, close neighbors, load noises from cars/trucks, driving on the streets, and heading to the suburbs that offer smaller communities for their children to run & play, & ride their bikes on the quiet less traffic streets which the smaller suburbs offer, & not to mention the local Ice-Cream hang-out on the corner!
I wanted to not only give a shout out on tiny homes & all the comforts they have to offer at a reasonable price, but, I also wanted to share the fact many people are moving out of the cities (ie…Des Moines Iowa & surrounding areas), to the suburbs! And some are even going further & making their mark in the country living in tiny houses, or a not so tiny house! And why not? Again, smaller communities & great schools, at a cheaper price! Less property taxes! Meaning more home to own for the money! And less noise! (Of course, I am in no way saying that the above cities do not have great schools/communities, & are not quiet, it’s all in what you want)! But what I am trying to convey is the fact many people are moving to the suburbs for perhaps a cheaper house payment, bigger house for a lot less money, & cheaper property taxes!
You will find many smaller suburbs are only a hop~skip~&~jump, from your bigger city living, and your place of business, ie…work. & you probably will arrive at your destination in just as many minutes as it takes you from your city address now! Once you factor in your driving time in the city, ie…stop lights do take up a lot of minutes! Time yourself in the morning & see! Many suburbs offer a quick commute to work rather they are commuting to Des Moines, Johnston, Waukee, Ankeny, ect… they are finding not only more home for the buck, but, the drive time is minimal as well! From Pleasantville, it takes about 20 mins to get to the south side of Des Moines, & 40 mins to get to Waukee!
Rather you’re into “Tiny House” living, or, “Living in the Suburbs” minutes from the big city life! Or, you are wanting to live within the city, please consider calling/text, or emailing me, I’m available to help you navigate through all the possibilities of making home ownership a real possibility, not just a dream! And if your needing to find that perfect fit ie.. mortgage loan, I can help with that process as well by giving you some names & numbers of local loan officers to call to see if you possibly qualify for one of the #5 Mortgage Loans for first-time homebuyers!
# 5 Mortgage Loans for first time home buyers:
# 1~ FHA 203(k) Loan
You can use a 203(k) loan for the following:
- Structural alterations and reconstruction
- Modernization and improvements to the home’s function
- Elimination of health and safety hazards
- Changes that improve appearance and eliminate obsolescence
- Major landscape work and site improvements
- Reconditioning or replacing plumbing; installing a well and/or septic system
- Adding or replacing floors and/or floor treatments
- Enhancing accessibility for a disabled person
- Making energy conservation improvements
- adding or replacing roofing, gutters, and downspouts
# 2~ Rural Development Loan
The benefits of a rural development loan are zero-down financing and the ability to finance repairs. To qualify, the home must be in a rural area, you must be income-eligible, and it must be your primary residence.
# 3~ VA Loans
Benefits of a VA Loan
- Flexible credit requirements
- Lower rates
- Zero down payment
- No monthly mortgage insurance
# 4~FHA Back to Work Program
If you previously had to deal with a Bankruptcy, Foreclosure, Short-sale, or, Deed in Lieu, then you will have an opportunity to be a homeowner again through this type of loan. The waiting period is one year and to qualify you must have paid all debts on time over the past 12 months.
# 5~ Reverse Mortgage
A Reverse Mortgage releases equity in your home in one lump sum or in multiple payments. You’re not required to pay the loan until death, the sale of your home, or when you leave it. In order to qualify, you must be at least 62 years old (some lenders set the minimum age at 60). If you’re desperate for cash flow, this type of loan should be considered, but be aware of the dangers of high upfront fees and the possibility of losing your home. You must be able to meet loan obligations, property taxes, insurance, home maintenance costs and other requirements.
The Bottom Line
The five types of mortgage loans above I’ve listed, are not the most popular or well known, but they have helped a lot of potential homebuyers realize their American dream.
Rather your considering a tiny home to live in, or, the country, suburb, or within one of the great cities Des Moines Iowa & surrounding areas have to offer, please call or text, or email me, I’ll be more than happy to help with all your home buying needs, & that goes for selling your home to! Click “My Killer Home Marketing Secrets to Sell Your Home Quickly & for Top Dollar”
Suburbs to consider living in!
So many more to choose from!
Call me or email, your concerns are my “Top Priority” hope to meet with you soon!
Wendy Mundy Realtor