The Brust Group with Keller Williams, a Kansas City Real Estate Team Closes Another Transaction Using NACA Mortgage Financing

The Brust Group closed a buyer sale with funding from NACA (Neighborhood Assistance Corporation of America) This house was located at 2740 N 72nd St. Kansas City Kansas 66109. By using the financing from NACA the buyer was able to secure funding for the house with no Down Payment and no Closing Costs.

Olathe, KS, February 01, 2014 --(PR.com)-- Purchasing a home with NACA financing is simple however it does takes some preparation. NACA offers this loan program to buyers in that are looking to purchase a home within a NACA Service Area. Membership and participation in the program is required.

Here are a few advantages to using this program:

No Down Payment
Use for Purchase or Purchase and Rehab
No Closing Costs Paid by the Purchaser
Interest Rate is 1% below Prime Market Rate
The option to buy down your rate is available
No application fee
No Points and additional fees
Perfect Credit is not required
No Private Mortgage Insurance

There are some general requirements that must be met by the purchaser:

A small membership fee is required
The member cannot have any ownership interest in another property
Must occupy the home for as long as you have a mortgage through NACA
Must participate in actions and activities annually to support the mission of NACA

The buyer that purchased the home at 2740 N 72nd St. Kansas City Kansas 66109 obtained a mortgage through NACA and was able to move into his within 34 days of going under contract. The home was originally listed for sale at a price of $139,900.00. Maggie Lee, a Buyer Specialist with the Brust Group, was able to negotiate a purchase price of $122,000.00 for the Buyer. The home was on the market for 119 days before it went under contract. The home was 3 bedroom, 3 bath raised ranch with a 2 car garage. The buyer works for Cerner Corporation. The home is less than 6 miles away from the buyers workplace and takes less than 12 minutes.

For more information on the NACA Mortgage Program please visit www.naca.com or contact us direct at 913-538-5964 or email us at brustrealty@trustbrust.com

If you are a buyer looking for a home go to: http://www.searchKCmetrohomes.com

If you are a seller looking to sell your home go to: http://KCmetrohomevalues.com

The Brust Group of Keller Williams services the counties of Johnson Ks, Wyandotte, Miami, Leavenworth, Douglas, Clay, Cass and Platte and the cities of Overland Park, Olathe, Lenexa, Shawnee, Leawood, Prairie Village, Mission, Merriam, Fairway, Roeland Park, Lawrence, Eudora, Baldwin City, Springhill, Paola, Louisburg, Kansas City Ks, Kansas City Mo, Independence, Blue Springs, Lee's Summit, Grandview, Raymore, Raytown, Gladstone, Platte City.
Contact
Keller Williams Realty Diamond Partners
Chris Brust
913-538-5964
www.searchKCmetrohomes.com
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