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

HouseBuyer asked:


I am a recent college grad..trying to get some extra income and more experience in real estate. I have little to no credit and have have a stable mid level job with about 3-4k for a down payment. I can not get a loan b/c i have no credit history. I am considering in looking for a home that has owner financing. Is that a wise choice? any suggestion or insight would be greatly appreciated. To be honest i am looking for a mid level price range home that needs some fixing. Is this a good way to start?

first home owner loan