Buying a Home with Zero Down Payment in Irvine, CA

Written by Vincent Bindi

Continued from page 1
We are sometimes asked if you can buy a home with no money at all. The answer is no under most circumstances. Even thoughtrepparttar down payment is zero, there are sill some closing costs. Closing costs are typically comprised of loan origination fees, loan processing fees, possibly loan points, Appraisal fee, ALTA title policy, and escrow fee. But there are other options. We can sometimes negotiate withrepparttar 150780 seller ofrepparttar 150781 home to pay for a large part of your closing costs. Our best result to date, is we helped a buyer purchase a Condo in Irvine and their total out of pocket cash expense was $795! The buyer was a single woman, who was a first time buyer, using a zero down loan that we found for her, and her credit was average. We were able to convincerepparttar 150782 seller into paying for all of her closing costs except for $795. That home owner now has over $50,000 equity in her home which she can keep tax free if she were to sell that home today!

To learn more about buying a home in Irvine with Zero or low down payment, visit: Mr. Bindi is a Real Estate Broker with Keller-Williams Realty and has been selling real estate since 1989. Mr. Bindi has sold over 800 homes in his career and specializes in working with home buyers throughout south Orange County CA. To search the MLS for Homes for sale at:

UK house price increases take a summer holiday

Written by Richard Green

Continued from page 1

Speculation on what is in store followingrepparttar summer lull remains sceptical. The Halifax predicts house prices will fall in 2005, while independent financial adviser, Julian Crooks believes, “There does seem to be a danger of negative equity so people should be preparing their finances to cope."

"Sellers are having to work really hard to attract buyers at present," says Richard Donnell, spokesman for estate agent FPD Savills, “there are a lot of aspirational sellers out there, who still hark back torepparttar 150725 hot market. They need to ask their estate agent to give them a realistic valuation and ask them how they can improve their chances of a sale."

Rightmove has warned thatrepparttar 150726 housing market could remain static for several years whilst it waits forrepparttar 150727 incomes of FTBs to catch up withrepparttar 150728 housing prices. Miles Shipside, Commercial Director of Rightmove, said "As many sellers are refusing to part with gains they have made, buyers are forced to make uprepparttar 150729 affordability gap…The reality is it will take seven years of static house prices and wage inflation to bridge this affordability gap.”

The market appears to be in a state of change with sellers more open to negotiation than previously, but many buyers, especiallyrepparttar 150730 critical first timers remain wary or still find themselves priced out ofrepparttar 150731 market.

Note: The material is for general information only and does not constitute investment, tax, legal or other form of advice. You should not rely on this information to make (or refrain from making) any decisions. Always obtain independent, professional advice for your own particular situation.

References: Rightmove House Price Index Moneynet mortgage comparisons Halifax House Price Index

Released by bigmouthmedia ******************* Notes for editors: About bigmouthmedia Bigmouthmedia isrepparttar 150732 European leader in search engine marketing. The Edinburgh based company has offices in London and Madrid. The company is headed up by Steve Leach, Heather Luscombe and Lyndsay Menzies. Clients include Sony PlayStation, Bank of Scotland, Marks and Spencer, British Airways, Sony Ericsson, King Sturge, Laura Ashley and MTV. Further information: E-mail:, Telephone: 0845 130 0022 Website:

Richard lives in Edinburgh, occasionally writing for the personal finance blog Cashzilla, and wandering when that lottery win will happen.

    <Back to Page 1 © 2005
Terms of Use