3.5% of Loan amount
A check or money order is usually required for down payment/closing costs.
Yes, it is possible to use land as a down payment for a house. This can be done by transferring the ownership of the land to the lender as part of the down payment for the house.
The amount you get back for buying a house depends on factors like the down payment, closing costs, and any potential tax benefits. Generally, you can expect to build equity in the house over time, which can be a valuable asset.
Every country has different benefits for buying your first house. Typically these involve some form of tax credit or some leniency with the bank (i.e. lower down payment needed).
47.000
The down payment goes to the seller when you buy a house.
buying on margin
You don't ever have to put a down payment down (unless your lender bank requires you to), however 20% of the value usually is the norm. We bought our house with NO down payment.
You usually will need to make a down payment if you are buying a rental home & either taking out a loan from a bank or other lender, or working with the owner to finance for you. If you are renting a home, as opposed to buying a home to rent out, then you will need what is called a security deposit, which is usually the equivalent of three months worth of rent payments.
When you are interested in buying a new house, if you are like most people, you will need to take out a mortgage. What people may not be aware of is that with a conventional mortgage if you don't put down at least 20% of the cost of the house, you will have to pay for expensive mortgage insurance. To avoid paying this insurance, you should not consider buying a house until you are sure you can come up with at least a 25% down payment. Not only will you avoid mortgage insurance, but, you'll probably get a better deal on the mortgage.
buying on margin
yes