Market Conditions in Miami>Question Details

mao0185, Home Buyer in 90210

I'd like to know how it's the type of payment when I buy a condo or an apartment in Miami. May I have to pay 30% at beginning and the other?

Asked by mao0185, 90210 Mon Jan 13, 2014

70% ?

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Please call me I can help you get prequalified for a home loan.

Amarilys Machado 305-970-5116

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0 votes Thank Flag Link Tue Jan 14, 2014
If 30% is your down-payment your balance is paid according to the terms of your loan, 15, 20, 30 years. Please visit my profile and choose to contact me so that I may send you a list of bank owned condos that may suit your needs. Thank you.
0 votes Thank Flag Link Mon Jan 13, 2014
Hi. There are several options determined by credit and expertise of loan consultant or processor. Conventional may be with as low as 5 percent with credit above 720 . FHA approved condo that will be your primary residence then is only 3 percent down. Any further questions contact me.
Jackie Nurse
0 votes Thank Flag Link Mon Jan 13, 2014
Hi Mao
If you're going conventional it 20% down,if you r paying cash then you can put down a min of a thousand dollar to place the offer ,then the remainder after you've gotten the acceptance,so u have different options depending on how you would like to finance your investment .
Pl call me if you are ready to select a property,I would love to assist you 305 300 8540 cell or email
Anthony K
M.Kotler Realty Inc.
0 votes Thank Flag Link Mon Jan 13, 2014
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