Home Buying in Chicago>Question Details

shakeelabeam…, Home Buyer in Chicago, IL

I HAVE A DOLLAR NOW CAN I BUY THE HOUSE NOW?

Asked by shakeelabeamon339, Chicago, IL Sat Jun 14, 2014

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3
Not sure if this is a typo. To answer your question, no unless you have some more money to put down. There is an FHA program available through select lenders that will qualify you for a grant of up to $7,500 if you are a first time buyer. Since it's a grant, not a credit it can be applied towards your down payment as well as your closing costs. You will still need to come up with the initial earnest money. Let me know if you would like me to refer you to a lender to see if you qualify.

Brian Bleers
Century 21 SGR, Inc.
brian.bleers@century21.com
0 votes Thank Flag Link Tue Jun 17, 2014
Yes you can. You will just need more than one dollar.
0 votes Thank Flag Link Sun Jun 15, 2014
You'll need more than a "Fist Full of Dollars" to buy a home. Sounds like a victim of misrepresented information.

Sorry!

Bill
0 votes Thank Flag Link Sat Jun 14, 2014
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