snickybugg asked:


My fiance and I have been looking at homes for almost 2 yrs now and finally came across a home we rly liked, in our price range and in the area we went. Well, its considered a ‘trailer’ even though there is a huge add-on and it looks like a Ranch. All the banks say we would have to put 80% down of the asking price (which is $79,000) which we CAN NOT afford. The most we can put down is $10,000.

So my question is, is there a bank or lender ANYWHERE that will let us re-finance a trailer (if needed) and give us a good loan without a huge interest rate?

Thanks

PS Please only answer if you really know, we need to have an answer to the owner of the home by Friday. T/U!
Thank you Marc!!
We would be buying the trailer, and almost 3 acres of land to go w/ it. Its a gorgeous trailer believe it or not. The owners have lived there for 21 yrs and done over $20,000 in work in just the last year. Right now my fiance and I live in a trailer in a park and its horrible!! So cold, so tiny and no yard.

But thank u thank you thank you again! We will def. look into these!! )

~Sarah

first home owner loan

crlshermoso asked:


I am planing to purchase a home in Stockton using my VA loan. The previous owners were foreclosed on and the asking price by the bank is $164,500. I am thinking of making an offer of $150,000. The real estate agent says that everything on the market is selling at or above asking price. Since the seller is requiered to pay closing costs the realtor says that that house will not go below asking price. I say its worth a shot but I do not want to risk losing it. Should I make a higher offer?

first home owner loan