How do I buy a house for cheap?             And I mean cheap!!!!!!!!!!?
494552
I don't think anyone can build a home, let alone buy a home that cheap. Even bank REOs are more than 5-10k in cost and the majority of the time need to be fixed up. I suggest you find someone that is having a difficult time paying their mortgage and if their loan is assumable, take over their mortgage and title to property. Give them a few grand once they move out to cover their moving expenses. \n\nRegards...
137388
I just did this recently! I will be first to tell you it is not as scary/stressful or hard as some will tell you.\nFirst find a mortgage broker. If you can find one like our guy, you're good. You give him your info, (name, social security number etc.) We told the broker that we wanted to know EXACTLY how much money we would be approved for prior to looking for a house.That way we weren't looking at stuff we couldn't afford.\nHe called us and gave us our amount and told us to go find a house.he also suggested a real estate agent, which we made an appointment with.\nMeanwhile we looked online and got those real estate books you see everywhere. We found a house on our own prior to even meeting the agent and when we went to see her it wasn't one of hr houses but she called the agent that did have it listed and we went and looked at it.Said we wanted it, and then the agent and the broker did the rest of the work and all we had to do was keep checking with them , calling them to see what the next step was.Most agents/brokers know you are a first time buyer and will help you along in the process, they know how hard things can be. Although , the hardest part is actually finding a house you want. If you have a spouse, you'd be amazed at what you 2 will argue about.(my husband got all annoyed with me when I said I wanted something that was already wallpapered- and he wanted painted walls because wall paper peels-whatever- that's just how stupid it can get)\n1 month later we bought it and moved in for around 400 dollars.We don't have the greatest credit in the world either. To break down house hunting here you go:\nLook within your price range.\nget a real estate agent who will ask for the world. You want the seller to pay closing costs. \nIf it's you by yourself buying, or with someone else, then sit down and decide EXACTLY what you NEED in a house.What you want, and what you can live with/without. This will be your home for a while you are going to want to have certain things when you are paying that kind of money out.\n\nMy husband could not live without a garage.I wanted a 2 story, and we both knew we did not want to live in a subdivision. Not only did the house we pick have a 2 car garage in the front of the house, it had a 2 car outbuilding/garage in the back, a hot tub, and a playhouse in the backyard that looks exactly like the real house.\n When I say get an agent who will ask for the world, I mean just that. This house did not come with the playhouse,and they wanted a certain amount for it, we offered about 20,000 less than what they wanted, and told them we wanted the playhouse, and we also wanted them to leave the fridge, stove, dishwasher, and an upstairs airconditioning unit, not to mention we wanted them to pay all of the closing costs. of course they said "no" but they didn't just say no flat out, they said "we want what we asked for the house, but we will let you keep all the things you asked for, plus the playhouse and we will pay 80% of the closing costs." We tacked the rest of the closing costs onto the mortgage and we were good to go.\n\nI know you probably don't live in my area, and I am not sure how the schemantics of it work, but if you are interested in knowing the name of our broker, he'd be happy to contact you.He asked us to put his name out there and he is relatively new, so he is anxious to please. Of course I'm not giving you his name on here but if you are interested drop me a note, by editing your question and saying you are interested in who he is.\n\nItried to email you but no luck, email me if you get a chance, and I will give you that.
77751
There is so much to do.  We just went through it for the 3rd time.  buying a house isn't a fun thing.  it is stressful but rewarding in the long run if you do your homework.  \n\nYou don't need to have a realestate agent.  We bought all three homes without using our own personal agent and we also sold both of our homes without any agent.  What you DO need to have, is a good lawyer to handle all the paperwork and contracts.  ( ours cost about $800) small investment but very worth it!!\n\nI would start looking for a home AT LEAST 3 to 4 months in advance of when you actually want to be moved in.  The hunting part can take 2 to 3 months even longer if your picky/ or there isn't much to choose from.  Then comes the closing process.  This is the time you get the mortgage loan, the title, the home inspection, and all other legal stuff out of the way.  Finally you will be ready to close on the home.  This is the day that was set by the bank, you and the seller for the ownership to change hands.  \n\nYou will need to have enough money in your bank to cover the down payment you will be putting - along with closing costs.  the average closing costs are about $5,000 to $8,000.  So you need to be ready for that.  \n\nI would suggest not to get in too deep. don't go for interest only loans, they are a bad idea.  If you can't afford a house with a regular fixed rate mortgage you should probably hold off until you are finacially ready.  \n\nThere is just so much more than what I posted above.  If you are serious about buying a home - you should start researching it many months in advance so that you will not be in over your head and get taken advantage of. \n\nGood luck
54604
Your credit score isn't all that bad considering the national averages.\n\nHowever, you have some other options besides outright purchasing a home for sale:\n\n1. Lease Option or Rent-to-Own: Look for these advertised in the classifieds, that allow you to rent a house for a certain term (like 1 to 3 years), where some or all of your rent goes toward the purchase price. Then, when you're ready (you should repair your credit during this time), you can purchase the house. Part of your down payment will already have been paid.\n\n2. Talk to the Fair Housing Administration (FHA - http://www.fha.gov) about HUD loans for low-income and not-so-good-credit individuals.\n\n3. Look into purchasing a foreclosed home at an auction.\n\n4. Ask a close friend or family member with good credit to co-sign your mortgage.\n\n5. See if anyone is advertising "seller financing" or "owner financing", in which the seller will allow you to make mortgage payments directly to them.\n\n-----------------\nUpdate: DO NOT apply for an interest-only loan. You will be severely hit with a balloon payment down the line, or higher payments, or at the very least you'll have to refinance and pay additional closing costs. Interest rates are rising, and you won't want to do that. Stay away from these!
571780
Try looking at the classifieds for houses for sale that you like. Once you have selected ask the seller if he's willing to do a lease with an option to buy.
504969
You should search yahoo answer first.  Similiar questions have been asked before.\n\n- Get pre-approval from a lender\n- Get a realistic estimate of the house you like to buy\n- find a realtor
694285
First thing to do is get approved for your loan.  Then it'll be like you're walking around with the money in your hand, ready to buy a house.  This will be especially important if there are more people interested in the same house.\n\nFind a Realtor who knows how to sell foreclosures (HUD, VA, bank owned)  and who comes recommended by someone you trust.  Tell him what you're looking to do.  What kinds of stuff you can fix, what things MUST be in the house to satisfy you, etc.  \n\nYou will need to submit a lender pre qualification letter with any offer on a foreclosed property.  Make sure you and your Realtor closely follow the instructions for bidding and follow up.  I sell alot of foreclosures and have seen agents lose a deal for improper paperwork.\n\nGood luck.
191033
The following  link will help you out. It has many different calculators on it pertaining to home buying. It gives you "How much can I afford" and "How much can I borrow" info as well as things like "Rent vs. Buy" options.\n\nGood luck with your home search!!
164972
Go to your local Real Estate Investor's Association meetings (every city has one). Just listen and learn. Try and shadow a successful investor around and learn from them. Read "Are You Dumb Enough to Be Rich". It's a very detailed book on buying and flipping houses and it starts at the very beginning. You can find it at any book store. \n\nDo a lot of research and learning first. Foreclosures are a little tough at first. I'd recommend looking for people that may be facing foreclosure in a couple of months and are looking to get out, or just drive around and find some distresses properties. \n\nThere are some in EVERY neighborhood. \n\nBut do as much reading and studying as you can first.
85556
Take a look at www.realtor.com \nYou can search houses pretty much anywhere in the US.  And get a good idea of what it will cost you.  The problem is, housing cost is only one part of the story.  I live in the East Bay of California.  Danville for example has a median house price of $1,000,000.  (Yup, that is a regular single family home)  But, the average household income is over 100k a year. But if you move somewhere with really low housing costs, and low cost of living, you can be sure to only make 5 bucks an hour.  Good luck!
602682
First find yourself a realtor that you like.  Use their knowledge and connections and save yourself some headaches.  Second, do your research on mortgages.  Don't just go to your local bank or a person you know, check around for the best rates and terms.  Finally, when you're ready to buy, find a home inspector with many years of experience.  They can help you with the maintenance piece so you can budget for items you'll need to replace in the future.
199789
the cheapest way to find real-estate is to go to the court house and ask to see who is behind on their back taxes and pay the money owed then you aquire the land; house etc; for that amount.
199907
Try HUD homes and foreclosures...sometimes they need a little bit of work but you can really get a good deal.
1161266
you cant. buy it and stop being cheap.gosh
1091891
Reality check. You can't.\n\nYou need access to funds, either your own or the bank or hard money lenders. Houses cost money.\n\nYour only other option is to swing some owner financing deal, where the owner is essentially your lender.
219834
try houses seized by government auctions, they may have some fixing up to do, but I'm sure it would be way cheaper than buying a new one (especially on a loan)
155587
Good luck.....YOu can find cheap accesories for them.....But as with most the cheaper you go the worse they are.