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First Time Homebuyers Get Bargains

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Uploaded by on Jun 22, 2009

A collapsed housing market means first time home buyers are finding bargains.

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News & Politics

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  • That is not bad I got my first home the same way in a bad market and I was a first time buyer I even collected 5,000.00 from the buyer at closing.

  • You take out a FHA loan - with a down payment low as 3%... so you buy a house at $200k you only need $6k to get into a house... then you get $8k back from the government... Isn't that same is 100% financing?!?!?

    Count my word... these people will be my customer... no incentive to stay in a home if you have no down payment... what will happen if market declines another 20-30%...

  • good info, thanks :)

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