Foreclosures Help Information

Buying Foreclosures With No Money Down

Question: where can i buy a foreclosure home for no money down?

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Answer: Why are you limiting yourself to forclosures? If you do that, you won't be able to do no money down. You'll be buying from banks, and they'll require money.

If you buy directly from homeowners, there are a variety of ways to do it "no money down." A couple of options are "subject to" in which you immediately acquire ownership, and lease-options, in which you have an option to purchase the property. Or, depending on where you're located you might consider contract for deed or land contract. "Subject to," though, is the safest for the buyer.

Can You Really Buy Property With No Money Down?

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