San Diego Housing Market News and Analysis
Chances of buying an REO or short-sale without 20% down?
User Forum Topic
Submitted by Scarlett on January 5, 2009 - 4:20pm
Is there any point in even looking to buy an REO or short sale if you don't have 20% down at least?.
For example, with only 10% down, but with excellent credit, steady income and good debt-to-income ratio. Does anybody know of any success stories in this regard? If not, do you think that with more and more foreclosures, in the future, those chances will increase?
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