http://varealestatetalk.com/2008/09/17/dont-lock-todays-buyers-out-of-homeownership/ A Peek at Life & Real Estate in Northern Virginia Wed, 25 Aug 2010 18:31:18 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://varealestatetalk.com/2008/09/17/dont-lock-todays-buyers-out-of-homeownership/comment-page-1/#comment-236 kylee fleischer Fri, 31 Jul 2009 21:06:03 +0000 http://varealestatetalk.com/2008/09/17/dont-lock-todays-buyers-out-of-homeownership/#comment-236 great points on home financing. I Look forward to reading more here in the future. great points on home financing. I Look forward to reading more here in the future.

]]> http://varealestatetalk.com/2008/09/17/dont-lock-todays-buyers-out-of-homeownership/comment-page-1/#comment-235 Luisa Rodriguez Wed, 08 Oct 2008 21:30:16 +0000 http://varealestatetalk.com/2008/09/17/dont-lock-todays-buyers-out-of-homeownership/#comment-235 I couldn't agree more. We bought our first home with 100% financing, we also had credit scores above 700, very stable jobs, and a great income. We were then able to sell it and put a 20% down payment on our next home. It irritates me to no end when people say that if buyers can't put 20% down, then they shouldn't buy a home. I just sold a home to clients that for all intents and purposes had 100% financing. They are now paying $250 less then they would be paying in rent. These are responsible buyers who are very unlikely to foreclose. I couldn’t agree more. We bought our first home with 100% financing, we also had credit scores above 700, very stable jobs, and a great income. We were then able to sell it and put a 20% down payment on our next home. It irritates me to no end when people say that if buyers can’t put 20% down, then they shouldn’t buy a home. I just sold a home to clients that for all intents and purposes had 100% financing. They are now paying $250 less then they would be paying in rent. These are responsible buyers who are very unlikely to foreclose.

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