Tustin Ranch Real Estate

Written by Stacy Chbosky
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Surprisingly, you may not need a down payment to buy a house--even if it's your very first house. Most people assume that they'll need 10 to 20 percent of the house's value to put toward a down payment in order to secure a mortgage. However, some Tustin Ranch real estate agencies offer remarkable zero-down programs. If you have what it takes to meet a mortgage payment every month, but you don't have the tens of thousands of dollars needed for a down payment, these zero down payment programs may be perfect for you.

If a Tustin Ranch real estate agent offers one of these programs, call and ask him or her about it. Inquiring is free, easy, and does not obligate you toward anyone. Even if you are a renter who is only casually considering the prospect of buying a home, it behooves you to find out about your options from a Tustin Ranch real estate agent. When it comes to buying homes, the more you know, the sooner, cheaper and more successfully you can buy.

Tustin Ranch Real Estate Foreclosures

Another way to get a great bargain on a house is to buy the house through a distress sale, also known as a foreclosure. When you buy a house through foreclosure, you can find wonderful houses that you would never in a million years be able to afford through normal channels. However, keep in mind that your competition for foreclosed homes will be fierce.

The only way to buy one of these homes is to hear about it very quickly. Often, the first people to hear about a distress sale are the ones who buy the house. Some Tustin Ranch real estate agencies send out weekly newsletters or emails listing all new distress sales. This is a tremendous help for interested buyers.

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