Comments | gmp: On buying a house, part 3

gmp

Dec 27, 2009 10:06

Here's part 4: http://gmp.livejournal.com/513155.htmlRead more... )

Comments 7

dushamoya December 27 2009, 21:21:59 UTC

This makes me dread buying a house. There is so much I don't know.

Question - How much less off a down payment does doing the FHA thing get you?

gmp December 27 2009, 22:35:33 UTC

Down payment on an FHA loan is 3.5%
Down payment on other loans is negotiable, but usually 5% or more.

jenny_zzz December 28 2009, 04:23:37 UTC

Read lots of books! And ask your agent LOTS of questions. :)

dushamoya December 27 2009, 22:13:16 UTC

Also, wasn't aware your wife was fluent in Russian ;)

gmp December 27 2009, 22:35:42 UTC

Do what now? :)

dushamoya December 27 2009, 23:01:54 UTC

You've got Jennyzzz, instead of Jenny_zzz.

gmp December 27 2009, 23:11:35 UTC

Oh, thanks. Fixed!