How do you buy a home with no down payment or closing costs? It's simple...

Years ago, home buyer dreamed about owning a home, and they saved every penny for years until they could afford a 20% down payment. But realize, years ago, some homes cost $30,000 - $50,000 so a 20% down payment was only $6,000 or $10,000. Nowadays, a 20% down payment is more likely $30,000+! You probably can't afford that. I know I can't.

So, what is a home buyer to do? How are you supposed to ever be able to afford a home, especially with closing costs added into the equation possibly totalling about $4,000 on a simple $150,000 home?

Fear not.

You've probably seen signs that say things like, "Buy with no money down!" Before I was in real estate, when I saw a sign like that, I just chalked it up to being a scam or something like that. But it's most likely not.

There are many programs out there that let home buyers afford a home with NO DOWN PAYMENT and NO CLOSING COSTS! It's true! In fact, most of my deals recently have been for buyers in this exact situation.

How does it work?

Don't laugh when I say this, because it works. It reall does. The answer is:
You get the Seller to pay for your down payment and closing costs."

Hey, I said don't laugh. It really does work. Especially in today's market. Seller's just want their house to sell, so if you write it into the Purchase Contract and you give them a fair offer to begin with, there's a very good chance you could come to the closing with little or no money. Honest.

But let me tell you, it does help to have a Realtor who knows what they're doing in a situation like this. There can be lots of extra things involved, so you need someone who has the experience.

If you have any questions or you're interested in pursuing an option like this yourself, let me know. I'd be more than happy to help with anything, even if it's just to answer a question or two.

Thanks,
Dan Hamilton
Keller Williams Greater Columbus Realty
www.HamiltonHomesGroup.com