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LittleBlueBug
Happy Mommy
Member since 9/06 4074 total posts
Name:
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House question
Is it possible to get a house w/ out putting anything down? What's the minimum?
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Posted 6/23/07 2:36 PM  |
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csorisi
My 2 LOVES
Member since 11/05 1984 total posts
Name:
Corinne
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Re: House question
Sellers usually require some money down and many attorneys will advise their client not to go into contract without having a down payment. That said you can put down some money and then ask the seller's for a seller's concession to cover your closing costs and some of what you already put down. Also banks aren't allowing all the wierd financing they were allowing a few years ago so it may be very hard.
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| Posted 6/23/07 3:48 PM |
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LittleBlueBug
Happy Mommy
Member since 9/06 4074 total posts
Name:
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Re: House question
ok, good to know. Thank you!
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| Posted 6/23/07 4:30 PM |
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cheshe
LIF Adolescent
Member since 6/06 738 total posts
Name:
Cheryl
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Re: House question
We did 100% financing and 3% sellers concession to cover the closing cost. But we did need to put down $15,000 at contract, which we will get back closing.
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| Posted 6/23/07 4:35 PM |
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