Tag Archives: Shasta Lake City

Affordable renovated Shasta Lake City home just $129,900

This post was published 2 years ago. Please, read this page keeping in mind that this home may have sold by now. You can always check current status by calling or texting (530) 356 4500 The Address Realty DRE # 01710206

Front1
Cozy home with gas-fired woodstove in the livingroom and hardwood floors. New carpet in bedroooms, and renovated bathroom. Large .32 acre lot with circular driveway located on quiet street. Large outbuilding in back. Separate fenced vegetable garden area.

Loads of potential! Minutes from Lake Shasta. Enjoy Shasta Lake City’s small town lifestyle and proud schools with this affordable home. Possibly own for less than your would pay in rent. 909 Mussel Shoals Shasta Lake City CA 96019.

Offered for $129,900

Offered by:

The Address Realty
Skip Murphy
CalBRE #01423715
Call or Text (530) 356 4500

Home



Downpayment assistance in Shasta Lake City

This post was published 4 years ago. Please, read this page keeping in mind that this home may have sold by now. You can always check current status by calling or texting (530) 356 4500 The Address Realty DRE # 01710206

Shasta Lake City offers downpayment assistance to qualified buyers for homes up to $165,000. The assistance takes the form of a so-called “Silent Second” loan up to $80,000. This can be a very attractive way for first time buyers to get into a home of their own.
Information about Shasta Lake home buying

Looks like there are currently 15 homes available to purchase in Shasta Lake City under $165K. Note that not all these homes may be suitable. Shasta Lake City offers a terrific small town environment, and is close to lots of recreational opportunities. We love helping first time homebuyers! Let us know if we can help you find a home in Shasta Lake City.

Call or Text (530) 356 4500

No more USDA mortgage loans for Shasta Lake City?

This post was published 6 years ago. Please, read this page keeping in mind that this home may have sold by now. You can always check current status by calling or texting (530) 356 4500 The Address Realty DRE # 01710206

That’s the information I’m getting from the always informed Judy Lampton at Summit Funding. USDA loans are a good source of funds for buyers needing to buy with no money down. Here’s the info:

“As of October 1st Shasta Lake City will no longer be USDA eligible and they are raising their Annual Mortgage insurance fee from .30% to .40%.
On a 100,000 purchase that means the annual fee (charged monthly) will go from $300 to $400 or $8.33 a month. Not a huge increase in fee’s but the loss of SLC as an acceptable area is huge.

In the past USDA changes hinge on the date you get “commitment for funds” from USDA. This happens after all conditions have been met and right before loan docs go out.
USDA loans in Shasta Lake City coming to an end soon?
We have not seen an official bulletin regarding this change but we know that it is coming; so if you have someone looking in SLC you need to get them off the fence and into contract this month to make sure it closes by 9/28…just to be on the safe side.

I will send you more information when I have it.

Your Referrals are Very Appreciated.
Thank you,

Judy Lampton
Loan Consultant
Summit Funding, Inc.
3673 Eureka Way
Redding, CA 96001

Off – 530-722-9109 x107
cell – 530-953-9299
Fax – 530-722-0498

NMLS # 357395″