meisha k asked:


I’m a first time home buyer, and I’m buying a small, inexpensive home which will require no mortgage or loans. In researching about closing costs, it seems that they’re related to the mortgage and lender fees. If I have no mortgage or lender, are there still closing costs, and if so, what would they be for? Thank you

first time home buyer loan

Howard asked:


We bought a new house in june 08. Closing costs are like 6 thousand is all that 6 tax deductble or only some?

home loan

tx4anna asked:


Single mom. 3 children. Low Income. Poor credit. Currently pay rent on house I want to buy. No money to put down. Want to pay lower mortgage payment instead of rent. Need 105% financing to cover closing costs.
I want to actually buy the house I am currently living in. I live in a Rural area.

home 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