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6121 Santiam Springs Ct. SE Salem, Oregon

6121 Santiam Springs Ct SE
Salem, OREGON 97317
Price: $539,900

6+ Bedrooms, 4 Bathrooms
5943 Square Ft

Listing # 652659

Enjoy the finer things in life! If you seek the privacy of abundant space & your own 900 SF Shop & 2 greenhouses away from it all, then take a close look at this gorgeous property! 7 full bedrooms & 4 baths along w/bountiful living spaces; Formal Dining, Living Rm, Family/Theatre Rm, Bonus Rm & an amazingly oversized 1200 sf 3 car garage relaxing on over 2 manicured acres with a pond make this home a desireable find. There are too many amenities to list so view this one as soon as possible! See MLS 653006.
For additional information about this 5,943 Square Foot, 6+ Bedroom, 4 Bath property located in Salem, Oregon, please fill out the Request More Information form.

 

 

Click Here for the full listing!

FHA Loan Limits Looking to Decrease

HUD is planning another shift in loan limits for FHA loans coming this October.  Currently they are set at $295,000 for  our Marion & Polk Counties within the Mid Willamette Valley in Oregon.  Currently FHA requires a down payment of 3.5% of the sales price leaving a potential sales price to be no more than $280,880.00 come this October.  Hopefully this will not have a huge affect on our home sales in this area.  Many of the FHA buyers in this market are purchasing homes below $200,000.  However, you will see that many move up buyers want to take advantage of the FHA backed mortgages with the minimal 3.5% down payment leaving some sellers with homes priced around the $280,000 price range and above in an ever more difficult position to find a qualified buyer.

Like most markets around the country, ours is also flooded with homes priced above $280,000 and it is a difficult task to find a buyer able to put down 20% during these economic times.  Sellers need to look ahead so they are able to position themselves correctly for the coming changes.

Video Tour for 5275 Chicago St. SE Turner, Oregon

We just listed this nice home in the heart of Turner, Oregon.  This home has been fixed up with new carpet, tile, trim, doors and paint to make it shine!  Many windows allow for natural light, large rooms and formal dining.  This property would also work excellent for an office or home based business with ample parking, functional for many offices and next to a park!  Check out the video tour Here

5275 Chicago St. SE Turner, Oregon

 Just listed this wonderful property that is designed for owner occupied or an office building in the heart of Turner Oregon!  Check out our Video Tour!