Cover image for How to buy a house with no (or little) money down
How to buy a house with no (or little) money down
Shenkman, Martin M.
Personal Author:
Third edition.
Publication Information:
New York : J. Wiley & Sons, [2001]

Physical Description:
ix, 294 pages : illustrations ; 23 cm
General Note:
Includes index.
Added Author:
Electronic Access:
Table of Contents
Format :


Call Number
Material Type
Home Location
Item Holds
HD1379 .S473 2001 Adult Non-Fiction Non-Fiction Area

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The Ultimate guide to finding and financing a home

Almost everyone aspires to owning a home, but the reality of coming up with a large enough down payment often stands in the way of making that dream come true. No longer! How to Buy a House with No (or Little) Money Down has helped tens of thousands become homeowners, and now it's your turn!

Financing your dream home can be possible even if you never thought you could. This completely updated and expanded Third Edition shows you how. Even if you are relatively cash-poor or have a less-than-perfect credit rating, real estate and financial experts Martin M. Shenkman, CPA, MBA, JD, and Warren Boroson can help you obtain a mortgage and find the house you've always wanted--with expert guidance through all the confusing legal and tax issues involved. Featuring new sections on choosing an agent, using the Internet to search for an agent and a house, and how to win the bidding war, this clear, nontechnical guide tells you how to:
* Make seller financing the ticket to your dream home
* Take advantage of equity sharing, equity kicker mortgages, and other esoteric techniques
* Use lease options to build equity while renting
* Apply for and obtain fha, va, family, and other loans you may qualify for
* Inspect a house from top to bottom, inside and out
* Bargain with a seller and save a bundle
* And much, much more

You can obtain a down payment and get the most house for your buck--simply read How to Buy a House with No (or Little) Money Down and start making your dream a reality!

Author Notes

Martin M. Shenkman, CPA, MBA, JD, is the author of twenty-six books
Warren Boroson is real estate columnist formerly with the Bergen Record

Table of Contents

1 Why Buy a House with Little or No Money Down?p. 1
2 How Much House Can You Afford?p. 9
3 If Your Credit Record Is Poor...p. 25
4 The Smarter You Buy--The Lower the Down Paymentp. 31
5 Cutting Closing Costsp. 55
6 Let the Seller Also Be the Bankerp. 81
7 Mom and Dad (or a Good Friend) Give the Down Paymentp. 113
8 Borrow the Down Payment from Family or Friendsp. 143
9 Equity Sharingp. 163
10 FHA-Insured Mortgages: The 1.25% to 2.85% Solutionp. 197
11 VA-Guaranteed Loans: The 0% Solutionp. 205
12 The Perfect Mortgagep. 215
13 Private Mortgage Insurance: The 3% to 19% Solutionp. 227
14 Lease the House with an Option to Buyp. 235
15 Still Other Sources of Down Payment Moneyp. 243
16 The Unconventional Buyerp. 255
17 More Ways Uncle Sam Can Help--Tax Savingsp. 259
18 Using the Internetp. 269
Glossaryp. 275
Indexp. 287