How to Buy a House with No (or Little) Money Down, 3rd Edition

The Ultimate guide to finding and financing a home Almost everyone aspires to owning a home, but the reality of coming up with a large enough down payment often stands in the way of making that dream come true. No longer! How to Buy a House with No (or Little) Money Down has helped tens of thousands become homeowners, and now it's your turn! Financing your dream home can be possible even if you never thought you could. This completely updated and expanded Third Edition shows you how. Even if you are relatively cash-poor or have a less-than-perfect credit rating, real estate and financial experts Martin M. Shenkman, CPA, MBA, JD, and Warren Boroson can help you obtain a mortgage and find the house you've always wanted--with expert guidance through all the confusing legal and tax issues involved. Featuring new sections on choosing an agent, using the Internet to search for an agent and a house, and how to win the bidding war, this clear, nontechnical guide tells you how to: • Make seller financing the ticket to your dream home • Take advantage of equity sharing, equity kicker mortgages, and other esoteric techniques • Use lease options to build equity while renting • Apply for and obtain fha, va, family, and other loans you may qualify for • Inspect a house from top to bottom, inside and out • Bargain with a seller and save a bundle • And much, much more You can obtain a down payment and get the most house for your buck--simply read How to Buy a House with No (or Little) Money Down and start making your dream a reality!

the Ultimate Guide To Finding And Financing A Home

almost Everyone Aspires To Owning A Home, But The Reality Of Coming Up With A Large Enough Down Payment Often Stands In The Way Of Making That Dream Come True. No Longer! How To Buy A House With No (or Little) Money Down Has Helped Tens Of Thousands Become Homeowners, And Now It's Your Turn!

financing Your Dream Home Can Be Possible Even If You Never Thought You Could. This Completely Updated And Expanded Third Edition Shows You How. Even If You Are Relatively Cash-poor Or Have A Less-than-perfect Credit Rating, Real Estate And Financial Experts Martin M. Shenkman, Cpa, Mba, Jd, And Warren Boroson Can Help You Obtain A Mortgage And Find The House You've Always Wanted—with Expert Guidance Through All The Confusing Legal And Tax Issues Involved. Featuring New Sections On Choosing An Agent, Using The Internet To Search For An Agent And A House, And How To Win The Bidding War, This Clear, Nontechnical Guide Tells You How To:

• make Seller Financing The Ticket To Your Dream Home
• take Advantage Of Equity Sharing, Equity Kicker Mortgages, And Other Esoteric Techniques
• use Lease Options To Build Equity While Renting
• apply For And Obtain Fha, Va, Family, And Other Loans You May Qualify For
• inspect A House From Top To Bottom, Inside And Out
• bargain With A Seller And Save A Bundle
• and Much, Much More

you Can Obtain A Down Payment And Get The Most House For Your Buck—simply Read How To Buy A House With No (or Little) Money Down And Start Making Your Dream A Reality!

booknews

an Attorney And A Real Estate Columnist Describe The Legal, Financial, And Tax Issues Involved In Purchasing A Home For Little Or No Money Down. The Text Is Designed For Prospective Homebuyers And Is Not Intended To Give Advice On Creative Financing Techniques For Building A Real Estate Portfolio. The Third Edition Includes New Sections On Choosing An Agent, Using The Internet, And Bidding. The Volume Does Not Include Bibliographical References. Annotation C. Book News, Inc., Portland, Or (booknews.com)

HOW TO BUY A HOUSE WITH NO (OR LITTLE) MONEY DOWN......Page 1 Contents......Page 10 1 Why Buy a House with Little or No Money Down?......Page 12 2 How Much House Can You Afford?......Page 20 3 If Your Credit Record Is Poor . . .......Page 36 4 The Smarter You Buy—The Lower the Down Payment......Page 42 5 Cutting Closing Costs......Page 66 6 Let the Seller Also Be the Banker......Page 92 7 Mom and Dad (or a Good Friend) Give the Down Payment......Page 124 8 Borrow the Down Payment from Family or Friends......Page 154 9 Equity Sharing......Page 174 10 FHA-Insured Mortgages: The 1.25% to 2.85% Solution......Page 208 11 VA-Guaranteed Loans: The 0% Solution......Page 216 12 The Perfect Mortgage......Page 226 13 Private Mortgage Insurance: The 3% to 19% Solution......Page 238 14 Lease the House with an Option to Buy......Page 246 15 Still Other Sources of Down Payment Money......Page 254 16 The Unconventional Buyer......Page 266 17 More Ways Uncle Sam Can Help—Tax Savings......Page 270 18 Using the Internet......Page 280 Glossary......Page 286 Index......Page 298 A must-have guide for prospective homeowners This is a revision of a successful guide for prospective cash-poor homeowners that provides numerous techniques such as owner financing, government programs, assumable mortgages, etc. This new edition includes three new chapters: using the Internet to search for an agent and a house; choosing an agent; and how to win the bidding war. This book is packed with indispensable information for buying in today's red-hot economy Outlines multiple techniques for purchasing a home, such as owner financing, government programs, and assumable mortgates, and includes information on using the Internet to search for an agent and a house