I'm not sure exactly what you mean by a pre-foreclosure. You may be asking about a short sale. The simple answer is that in some instances (FHA loans) you may be able to put as little as 3.5-5% down. On a conventional loan, you may need 10-20% down. It really depends on the lender, your credit, whether you plan on living in the house or it's an investment. There are too many variables to be more specific. I suggest, if you are seriously interested in buying a short sale or foreclosure, you talk to an agent and a mortgage broker before you begin looking. Get a pre-approval to see how much you can afford and what type of downpayment you will need. That's the only to really know what you 1) can afford to spend on a home; and 2) what type of downpayment is acceptable.
Licensed Real Estate Salesperson NYS
Margot Bennett, Inc.
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Rey Hollingsworth Falu
Licensed Associate Real Estate Broker
Houlihan Lawrence - Bronxville