Posted by jason m drake on February 14, 2004 at 03:29:48:
In Reply to: How to get around a down payment posted by Paul Welborn on February 07, 2004 at 23:04:35:
one way around a down payment is to ask the seller to assist . when doing this the seller takes home equity loan pays closing and it is tacked on to your mortgage but only do it if you are getting the property cheap enough to be able to show equity right after closing . first what is appraisal estimated at then what are you giving any thing in between is your equity always have equity after closing if this is what you were asking glad i could help,if not sorry.
- Re: How to get around a down payment Jessie Parker 01:05:10 9/28/2004 (0)