September 20, 2007

NO MONEY DOWN, NO PAYMENTS FOR 6 MONTHS.

MLSlistings Property Detail for MLS number 731716
16645 CORY LN
Morgan Hill, CA 95037
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Att: First Time Home Buyers
NO MONEY DOWN, NO PAYMENTS FOR 6 MONTHS. Lovely home with lots of room for you to enjoy! Fully detached is situated on nice quiet safe street. Surrounded by a large private, child-safe fenced yard. It features nice remodeled kitchen with new appliances. Long drive way perfect for an RV. CALL US FOR MORE INFO. 408-315-6320

This Single Family Residence has the following features:
MLS#: 731716 Approx Age: 31 Years Approx Sq Ft: 1228
Detached Single Family 1 Story Traditional
3 Bedrooms Loft Bedroom 1 Bathroom
1 Stall Shower 1 Tub Eat in Kitchen
Laundry Area – Garage Wall to Wall Carpeting Hardwood Floors

Burbed doesn’t venture into Morgan Hill very often, but this deal caught his attention. Wow… No money down and no payments for 6 months. This is pretty awesome. It’s like living for free – in Morgan Hill!

Zillow shows that this house was last sold on 02/02/2005 for $515,000 meaning that the seller might just break even after 2.5 years. Or may be not. But since it didn’t go up much, now’s your chance to scoop it and flip it. Morgan Hill’s the next Los Altos Hills. Don’t be priced out forever!

Comments (4) -- Posted by: burbed @ 5:51 am

4 Responses to “NO MONEY DOWN, NO PAYMENTS FOR 6 MONTHS.”

  1. waiting_for_the_fall Says:

    I didn’t think banks were funding ‘no money down’ loans anymore.

  2. DensityDuck Says:

    Waiting: It depends on the borrower. Someone with plenty of income and available assets could probably swing a no-money-down loan, particularly if the borrower has a savings account at the same bank.

    “No payments for six months”…how does that work, exactly? Is this like that $30K “rebate” deal that burbed posted last week? (i.e. Stupid Agent Tricks) I mean, I could certainly make no payments for six months just by not writing checks!

    Actually, this doesn’t seem like that bad of a deal…if you don’t mind commuting all the way from Morgan Hill, that is.

  3. christina Says:

    MMMM, I like the long drive way for an RV and did take a look at that HOTT Kitchen?! Straight out of 1976, eh?!

  4. sonarrat Says:

    I’ve been commuting all the way from Morgan Hill to Burlingame for the past week because I was displaced by an apartment fire. It’s not pretty. At least we have Caltrain – three times a day!


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