I recently worked with a 1st time homebuyer. He had the best intentions but he needed a lot of help. He needs three things to buy a house -- good income, good credit, and some cash. And if he lacks any one of those, sometimes even if they lack two, there is often a way around it. After all, if you have enough cash, income and credit won't matter. You can simply pay cash for your home. If that's your situation, in fact, you're in a strong negotiating position and can sometimes buy at a bargain figure, because you represent a sure thing, a simple transaction, for the seller. You've heard the saying, "Cash is King". So what if you have good income and credit, but lack money for down payment and closing costs? Several options are open to you. For starters, veterans can obtain a VA-gua...
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