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People go to the FHA and get mortgages, or loans to help them. There are also several programs for veterans, who want to buy a house and can't afford it.
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How can one buy a home with no money down?
It is possible to buy a home with no money down, though it is not generally recommended. Some alternatives are to offer an object (such as land, a car, or a valuable collection) as down payment instead of cash; purchasing a foreclosure, some of which require no down payment; receive a VA or FHA loan; or pursue a rent-to-own option.
How can one buy a house with no mortgage?
One can buy a house with no mortgage if they are wealthy individuals who do not need loans to pay off a house. They usually pay the full amount of a house in cash.
What is the advantage of using a savings bank instead of keeping one's money at home?
Most importantly, security. If one keeps one's money at home, and their house should happen to burn down, their money is simply burnt up. Also, most banks offer at least a small percentage of interest earned on money they hold for one.
What is the difference in APR between a home equity loan and line of credit?
Th biggest difference is loans are money you put down and credit is when you borrow the money to put a equity on the house. So with other words the one is cash and the other one not.
Where can a person go to buy a house with no down payment?
It is not easy for one to purchase a home with no down payment. In the US one can apply for an FHA loan but must also have a cosigner. Once one qualifies, there is no specific locations where one must purchase. There is additional information that can be found on the SFGate website.
How to Buy a House with No Money Down?
During the housing boom, it was easy to buy a house with no money down. However, the disastrous consequences of that have caused lending to be tightened. The best way to buy a house with no down payment in today's market is to purchase a small house and use a loan with large, stable payments. This reduces the risk to the bank, and makes it clear they will get their money back. It is necessary to have good credit as well, so one should repair their credit or cultivate good credit beforehand if they want to buy a house in such a manner.
How can you buy a house with no money down?
Yes, you can especially with this 'desperate' housing market. If you are a veteran, some places can offer you a home with no money down. Here is one site: http://www.mortgage-helper.com/zerodown.html
How do you get a new house?
you buy one which costs a lot of money usually
What really attracts women?
Money!! easiest way! buy one. she breaks down. buy another. buy two! ;)
What could you do to help the homeless?
You could obviously either buy a house for them or you can give them your house then you can buy one for yourself or you could build a house then you would not need to by anything.And the last option is rent a house then gather enough money to buy one or carry on renting and renting.
Where can one buy cheap house insurance?
There are plenty of places in order for one to buy cheap house insurance. However, it is suggested that one should check out more detail information on the website money saving expert.
What are some of the things one can do with money?
Some of the things you can do with money is to buy a house, buy a car, pay bills, buy something you want or always wanted. Money can be used all over the place. It is what makes the world go around.
How do you get a big house?
First of all, you need to have the money to buy one or to build one. Then you have to find good landscaping that suits you. From then on, it's just a matter of time-and money. :)
if i rent a house to own. but i decide one day to not buy the house, can't i get the money back that i accumulated through the years. ?
The only way to get money back would be to sell the house. You might even make a profit.
How do you set a cockroach on fire?
you burn your house down, kill all of them, and then buy a new one. simple
Is it more practical in the long run to rent a house or buy one?
It's far more practical to buy a house than to rent one in the long run. It's the short term (ie the money you have available right now) that makes buying a house difficult.
Can you buy a house for your son if you already own one?
You can if you have the money to buy it with. In the US you can own as many houses as you like. Of course if you do not pay the taxes on them, you will not own them for long.
