for a $32.800 house what would be the minumum down payment and closeing costs?

Asked by Bubbles, Berwyn, IL Mon Oct 1, 2012

now if house is in need of some repairs where would i get that information to see what they are and what would it cost me to repair it?

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Linda Grey, Agent, Port Orange, FL
Tue Oct 2, 2012
These are questions you needto ask your lender and Realtor, since they are there and working with you and if you do not have a Realtor please get one to represent you.
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Christopher…, Agent, Tarrytown, NY
Mon Oct 1, 2012
Hi, Your best bet is to speak directly to a mortgage broker or bank. They will assess your needs and financial situation in order to help you choose the proper loan product. Your down payment requirement will be part of this qualification process and based largely on your credit. Closing costs are typically 3%-3.5% of the purchase price but can vary from state to state. If the home needs repairs you can have service providers come in and give you estimates. One website i always recommend is http://www.AngiesList.com, they are a reputable source for service providers. Good luck!

Chris
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