Real Estate >> Real Estate No Money Down
Customer Review for Real Estate No Money Down
| Review Date
|
2007-05-06 |
| Reviewer
|
Helping Hand from SoCal |
| Rating
|
2 Stars or Acceptable |
| Review Title
|
Yes U can do it! but not his way! |
| Review
|
His way will result in many failed attempts especially for the first timer. As a licensed Realtor in California, no money down can be accomplished as a Net Result at close of Escrow. --But, the Buyer will need about $10k in liquid funds to wave/move around to get the Purchase Agreement going, loan process started, and show you have the first 3 months mortgage payment on hand so everyone feels reasonably sure the deal will go through... much more to it than just this though -- better left to us pro's to do it for you or show you how... don't worry, Seller pays Realtor commission, not YOU (No-Money-Down-Buyer) and certainly don't pay a "teacher" or buy books and tapes! Overall, It does involve a balsy legal slide of hand so to speak... If you don't have guts don't even think about it --it's just not for you! |
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