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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.
What else can I help you with?
How do you purchase a house with no money down?
Wells-Fargo is a reliable loan source. Using them, you can buy a house with no money down. Here's their website: https://www.wellsfargo.com/mortgage/buy/loans/descriptions/nocash
How much money down is needed to buy a house?
minimum needed is $10,000.00
What is a down payment on a house?
Most people borrow money from a bank when they want to buy a house, but they usually do not borrow 100% of the cost of the house. They usually do have some money to apply toward the cost of the house, and that amount is called a down payment. So to buy a house costing $200,000 a person might make a down payment of $50,000 and then borrow the remaining $150,000.
Can you buy a house for no money?
I don't think that you can't buy a house without money.
What do you need for to buy a house?
Some things are - A job, money for down payment and good credit.
How can one buy a house with no money down?
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.
How common is it for parents to lend money to their children to buy a house?
It is fairly common for parents to lend money to their children to buy a house, especially in situations where the children may not qualify for a traditional mortgage or need help with a down payment.
Find a House With No Money Down?
If you thought that you could not buy a house with no money down, you would be wrong. There are ways to get around paying a down payment for a house if you know where to look. Find a home that has been on the market for a long period of time. The realtor will sometimes not require a down payment just to get the house sold. Homes that are sold by individuals are more likely to not require a down payment.
Can you buy a house with a confidential marriage license?
no - you can only buy a house with money
how aplay for grant ?
how aplay for a grant to buy a house how ken i get money to buy a house how aplay to buy a house how to aplay
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
On my sims how do you get Elizabeths house?
you have to get all the money then you can buy the house
