SENIOR SPECIAL: NO MONTHLY PAYMENTS!!!
One of the best kept secrets of the federal Stimulas package is the opportunity for Seniors (age 62 and older) to purchase a home under a federally insured program which allows a purchase with a formulated amount of down payment and NO monthly payments thereafter. THIS IS A REVOLUTIONARY WAY FOR SENIORS TO PURCHASE REAL ESTATE! For instance, my understanding is, that subject to rates published regularly, an eligible Senior purchasing a $400,000.00 single family residence to be used as a primary residence can put an approximate $136,000 down and then make ABSOLUTELY NO MORTGAGE PAYMENTS THEREAFTER.
Mark Wherry, an Investment Advisor located in Durango, has published numerous materials on how this federal program works and has told me that he would be happy to help explain this exciting financing program to any interested persons. In fact, Mark will be offering FREE Workshops about this program on Thursday, July 7th, 2009 at the Strater Hotel here in Durango at 1:00 pm, 4:00 pm and 7 pm. Mark Wherry's number is 970-259-6788
If you are a Seller currently marketing your home for sale, or a Buyer aged 62 or older, I strongly encourage you to become familiar with this program as a possible financing option to bring your residential deal to the Closing table!!
If you have any questions, please do not hesitate to call me. You can reach me, Don Ricedorff, at The Wells Group 970-375-7014, don@frontier.net, or at my website at durangorealproperty.com.
Don Ricedorff is a licensed real estate broker in the State of Colorado, with 16 years of experience, and he resides in Durango Colorado. He has numerous real estate designations, which have provided him with an unparalleled education to assist his clients.
The designations include:
CRS, Certified Residential Specialist
CRB, Certified Residential Broker
CCIM, Certified Commercial Investment Member
CDPE, Certified Distressed Property Expert
ABR, Accredited Buyer Representation
GRI, Graduate of Realtor Institute
RSPS, Resort and Second Home Property Specialist
CIPS, Certified International Property Specialist
SRES,Senior Real Estate Specialist
He is also an active volunteer in the community and his church. His highest aspiration is spending time with his wife, Janet, and his three children Kelly, Katie, and Kyle. His other interests include playing tennis, fly fishing, hiking, boating, and water skiing.
Don Ricedorff
Durango Real Estate Agent
About Me
- Don Ricedorff
- is a real estate broker in Durango Colorado. He has been practicing real estate for 20+ years, and he is acknowledged as one of the most successful brokers to represent buyers and sellers. His team approach to business brings skills from various individuals, a higher degree of client service, and a desire to LISTEN and help those they represent. Don brings with him a broad range of experience including being an executive in a large corporation. He believes in education, and keeping current with real estate practices. His real estate designations include ABR (Buyer Representation), CRS (Certified Residential Specialist), GRI (Graduate Realtor Institute), CIPS (Certified International Property Specialist), CCIM (Certified Commercial Investment Member), and Broker. You can reach Don and his team at www.durangorealproperty.com, or call them at 970-375-7014.
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