Payment tagged posts

if i purchase a home that is under market value do i need a down payment?

I am considering buying a house from a family friend and looking at the best way to do it. The house is worth 160K-180K but would be purchasing it for somewhere around 120K. Being that the house is valued so much more would I not need a down payment and how do I figure in taxes and such? I am a first time home buyer with a decent salary, but only been working at the current place for 1.5 years. Any suggestions on how to go about doing this?

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Can I get a USDA home loan in PA even though I am paying off a credit card with a payment plan?

I still owe about $1500 on the card. I have an appointment with a bank Thursday to see if I get pre-approved but I’m nervous that the one card will hold me back.

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Is putting down a big down payment for a home purchase necessary?

Is there a possible way to get a home or home loan without the heavy downpayment. I know if you have good credit that is a way to lower things, but what else?

What are the best ways to get a home with little to no money down?

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Can you explain the USDA direct home loan payment assistance?

I understand that if I use the USDA Direct loan I may be eligible for payment assistance/government subsidy. I know that I will have to repay the subsidy under certain situations, but I don’t understand how they determine if you are eligible for the assistance and how the amount is calculated. Does anyone have any first hand experience with this program? If so, can you explain?

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Short Sale Deal – Single Story Home on Cul-de-sac sale No Down Payment


Charming turnkey single story home on quiet and safe cul-de-sac for sale $225000. This spacious home has 3 large bedrooms + office (or additional 4th bedroom)and 2 full baths with dual sinks. Double door entry into master suite with walk-in closet, vaulted ceilings in formal living room and in separate dining room area, ceiling fans throughout, designer paint, wood blinds, large eat in kitchen area, lots of counter and storage space in kitchen, and very spacious family room with elegant fireplace. Covered patio overlooks the huge mature landscaped backyard with lots of space for a pool and large play area. This home is close to top rated schools, parks, walking trails, shopping and dining...

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