Hi Lady Bug,
How is your credit?
Can ask a relative for a gift that you can use for the down payment of a home? We can also ask the seller for a "seller's assist" which will help you pay for some of the settlement cost.
The lender will allow up to 3%, and in some instances 6%, depending on the type of mortgage program they are offering you.
There are many different programs out there to help you buy a home. Interest rates are still at an all time low and low prices and short sales make it even a better time to buy a home. It is very easy to go to a lender and get qualified for a mortgage. You want to make sure that you can afford the monthly payments.
Eric Fishman from Waterstone Mortgage Comp has done at great job for some of my clients. He can pre-qualify you over the phone and explain the different programs. His telephone # is 215-280-4371.
You can ask as many questions as you want, He is a great guy...
If you want to let me know the type of home you are looking for and the areas that you want to live in, I can start sending you Homes....
You have already been on my website so I have an idea of what you are looking for.
Have a great weekend and call me on my cell when you are ready.
Keller Williams Real Estate
Horsham Pa 19044