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5% in NY + about another 5% for closing fees.

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15y ago

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Which homophone should be used to make this sentence correct Brett did not have the (sum some) of money needed for the down payment.?

Brett did not have the sum of money needed for the down payment.


Can I borrow money for a down payment on a house?

Yes, you can borrow money for a down payment on a house, but it is important to carefully consider the terms of the loan and ensure you can afford the monthly payments.


Can a friend loan you money for a down payment on a house?

Yep.


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.


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.


How much money down is needed to buy a house?

minimum needed is $10,000.00


What do you need for to buy a house?

Some things are - A job, money for down payment and good credit.


Does the down payment for a house take money off the loan from the bank?

No, the "down payment" is made directly from the buyer to the seller and is on top of the amount loaned by the bank to complete the purchase price. In a sense, the larger the down payment the smaller the loan that will be needed, so it would "take money off the AMOUNT of the loan", but not have any impact on the repayment of the loaned amount. For instance, if my down payment is 90 percent of the purchase price, the loan only needs to cover the remaining 10 percent.


Can you use land as a down payment for a house?

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.


Why did mama giver her money to Walter?

Mama gave the rest of the $10,000 from the insurance money, after making the down payment on a house in a white neighborhood, to Walter Lee. That was $6,500.


Marias new house cost 235000 The down payment was 0.5 of the cost of the house How much was the down payment?

47.000


what application do i fill out in order to obtain grant money for down payment of a home?

is there grant money for down payment of a home