What do you mean “cash only?”
You can have a mortgaging bank give you a mortgage to buy a foreclosed or short sale property. After all, you have an asset (the property) as collateral.
Most banks, though, require a minimum of 10% down for you to make a purchase though, and the seller will also want you to be pre-approved.
Archive for August, 2009
Are All Foreclosure And Short Sale Homes Mainly Cash Purchases Only?
Monday, August 31st, 2009What Is The Best Way To Advertise An At Home Business?
Monday, August 31st, 2009I can’t spend a lot of money on the advertising (YET). but want to get the word out about a great at home business that I just joined. Please help!