Good luck finding that price. The only thing I can suggest is the Carteret Arms off of W. State Street, heat, hw, cooking gas included. Not a bad place at all... but their rents are going up fast also!... more
The lowest down payment would be usda. It's not just for first time homebuyers, but it is area specific. That is a 0% down program. Then fha at 3.5% ... Smart Start is a loan program that can assist with closing costs/downpayment, but interest rates can be higher. Get a good lender, if you don't already have one.... more
You can get an FHA loan with under a 600 middle score with some lending institutions but not many. I would recommend finding a broker or service to help you locate a reputable lender that can approve your loan at a decent rate. I have client's who have got approved and received a good rate at The Lenders Network with FHA and VA home loans. If anyone can find you a loan they can!... more
It depends. In some places it's customary for the seller to pay for the owners title policy but not the lender policy. In real estate just about everything is negotiable.
The title insurance policy is for the buyer and/or their lender. The buyer can opt to ask the seller to pay their closing costs and closing costs could include title insurance. Otherwise, buying title insurance is the responsibility of the buyer.
Reference Link: http://titlecompanies.net/... more
The questions on this forum are usually answered by real estate agents. We cannot give you legal advice, which is obviously what you need. I would suggest contacting a local attorney that specializes in foreclosures immediately to see what options you have.... more