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i am trying to buy a house,is there anyway i can forego a 3%down payment.the seller said he would pay it
vivian johnson
Renter
louisville, KY
bu t my loanofficer said the buyer has to pay is there a way

Replies  4 responses  |  Replies Flag Question  |  Posted: Dec 11, 2008 at 7:05 PM  |  Login To Subscribe
 
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Answers ( 4 )
 
Gary Maglinger
Broker
Owensboro, KY
I have homes with 100% financing with no downpayment. Call Gary Maglinger, Broker, 270-926-8900 or email mrmag@roadrunner.com

Dec 21, 2008 at 10:51 PM  |  Flag  Flag Answer As...
 
Gene Dexter
Real Estate Agent
Seattle, WA
You might be able to ask for seller concession toward closing costs. This may free up some cash for your down payment.

Dec 12, 2008 at 5:29 PM  |  Flag  Flag Answer As...
 
Kimberly Cole
Real Estate Agent
Florence, KY
As of October 1, 2008, the government ceased all Seller paid down payment assistance programs. There are currently no programs available for the Seller to contribute your down payment for you. However, in Kentucky, the Kentucky Housing Corp and the Urban Development Lending offers financing options that would allow you to purchase with no money down depending on your income limits. Let me know if you have further questions. Kimberly Cole, RE/MAX Affiliates (859) 743-1360

Dec 11, 2008 at 9:02 PM  |  Flag  Flag Answer As...
 
Kimberly Cole
Real Estate Agent
Florence, KY
As of October 1, 2008, the government ceased all Seller paid down payment assistance programs. There are currently no programs available for the Seller to contribute your down payment for you. However, in Kentucky, the Kentucky Housing Corp and the Urban Development Lending offers financing options that would allow you to purchase with no money down depending on your income limits. Let me know if you have further questions. Kimberly Cole, RE/MAX Affiliates (859) 743-1360

Dec 11, 2008 at 9:02 PM  |  Flag  Flag Answer As...
 


 
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