USDA Eligible Loan Areas To Change In Sparks

By
Real Estate Agent with Keller Williams Realty Group One Inc.

Due to the 2010 census USDA is reducing their eligible areas nationwide.

Starting on October 1, 2012 the Spanish Springs area will no longer be eligible for USDA loans. You can view the state by state changes by following this link.

USDA Loan Eligibility Changes

If you've been thinking about using a USDA loan for a horse property or any other type of home in Spanish Springs you better hurry.  

To view eligible areas click on the map below. Remember, it starts October 1st so the map still has Spanish Springs as eligible.

usda sparks loan

 

For more information on buying or selling a home in Reno or Sparks contact Broker Beach at (775) 750-1437 or Ricky@Resnv.com

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the sunglasses to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Lending / Financial
Location:
Nevada Washoe County Spanish Springs
Tags:
usda property spar
usda homes reno sparks
sparks usda loan
spanish springs homes for sale usda
usda loan reno
usda loan spanish springs

Comments 4 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tag to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
945,885
Edward & Celia Maddox
We Take The High Road
Solutions Real Estate

Thanks for sharing the info. Sure it applies to all State.

August 09, 2012 08:53 AM
Rainmaker
563,696
Robert Rauf
HomeBridge Financial Services (NJ)

We have the same issues in NJ, unfortunately losing the ability to do USDA in many areas.

August 09, 2012 09:01 AM
Rainer
192,450
Nan Jester
Realtor, Exit Real Estate Gallery
Exit Real Estate Gallery Jacksonville Beach, FL

Guess I need to check my area soon as I do a fair number of USDAs.

August 11, 2012 01:19 PM
Anonymous #4
Anonymous
Mike Smith

 

Action Alert

                                                                                                                                                       August 7, 2012


Dear Rural Advocates,

My, have we been busy! This past week, we've contacted over 230 Congressional offices about the "rural" definition issue. So far, 8 Representatives have signed on Rep. Fortenberry's letter to House Leadership, asking them to address the "rural" definition issue in this year's Continuing Resolution (CR) that Congress will likely vote on in September. Those that have already signed on include: Reps. Boustany (LA), Capito (WV), Costa (CA), Filner (CA), Hinojosa (TX), Langevin (RI), LoBiondo (NJ), Michaud (ME), and Ryan (OH)!

But our hard work isn't over yet. Please call your Representatives and ask them to sign onto Rep. Fortenberry's letter! The deadline is Thursday, August 16th!

Not sure who to call? Check out NRHC's List of Congressional Targets.

Be sure to share these resources with your Representatives:

  • Rep. Fortenberry's Draft Letter to House Leadership;
  • Rep. Fortenberry's Proposed Legislative Language;
  • USDA's List of Impacted Communities; and
  • A Letter--signed by the National Rural Housing Coalition, the National Association of REALTORS, the National Association of Home Builders, and the Mortgage Bankers Association.

And, remember to tell them that:

  • Without Congressional action, more than 900 communities--including those in their district--will lose their eligibility for USDA Rural Housing programs.
  • The CR is our best opportunity to address these issues before the October 1 deadline. While Rep. Fortenberry plans to offer an amendment to the FY13 Agriculture Appropriations bill, it won't get to the floor before the October 1 deadline.
  • If the House does not enact a solution to the "rural" definition issue, USDA will move forward with these changes on October 1st. There is a strong indication that USDA will not delay implementation of the 2010 Census, unless there is a clear indication that both Houses of Congress intend to act to modify or delay current law.  The Senate already has a provision in their appropriations bill. Now, we need the House to act. At this moment, the best opportunity appears to be the CR.
  • Rep. Fortenberry's letter has strong bipartisan support with cosigners equally divided between the two political parties.  

Thank you for your advocacy!

Sarah Mickelson

Follow us on Twitter @RuralCoalition and Facebook!

National Rural Housing Coalition
www.ruralhousingcoalition.org
email: nrhc@ruralhousingcoalition.org
phone: 202-393-5229

August 16, 2012 08:50 AM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the car to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
136,118

Ricky Beach

Reno Broker/Salesperson/Realtor
Ask Me A Question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tag to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

var _gaq = _gaq || []; _gaq.push(['_setAccount', 'UA-20444165-3']); _gaq.push(['_trackPageview']); (function() { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s); })(); var sc_project=6494881; var sc_invisible=0; var sc_security="10887400";
tumblr hit tracking tool