Foreclosures Help Information

Posts Tagged ‘Money Down’

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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Buy Foreclosures No Money Down

Question: Should we buy a house?

We have money for the down payment from the sale of a house, but my husband has only had part time jobs since we got married 3 years ago. He has a son from a previous marriage and we have 2 babies. I work part time also. He says he'll have a full time job once we buy the house. His credit is not good, mine is good enough to get a mortgage. My husband says it'll cost as much to rent a place--right now we are living with relatives rent free. I had my heart set on a particular house, but my family tells me to wait until my husband makes enough money to support us, that we should rent a place until then. I believe my husband who says we are just going thru some hard times-every couple does. My family says he'll never change,( he's 35) and that I'll risk the down payment and foreclosure if we go ahead and buy the house. What's your opinion?

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Answer: as long as you can afford it do it..

How To Buy Foreclosures. No cash or Credit-http://www.theexpertsinrealestate.com/realestateriches

Buy Foreclosures With No Money Down

Question: Is it possible to buy a home in Houston with no money down and no income stated? ?

Are there any mortgage companies willing to loan foreclosures this way? Our dream home is on the net for $114K but we have no money to put down until our home and business sold here in NJ first. is there any thing we can do to get this home? help!!

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Answer: Not anymore. The "No assets, no income" loans were a part of why the financial collapse happened in the first place.

NO MONEY DOWN SHORT SALE BUYING SEMINAR