questions@thinkglink.com
TwitterFacebookLinkedinYoutube
ThinkGlink ThinkGlink ThinkGlink ThinkGlink
  • Personal Finance
    • Budgeting, Planning & Family Money
    • Credit & Debt
    • Taxes
    • Insurance
    • Retirement
    • Career
  • Real Estate
    • Buying a House
    • Selling a House
    • Mortgage & Finance
    • Investing
    • Renting or Leasing
    • Book Updates
  • Consumer Advice
    • Auto
    • Health
    • Home Appliances & Services
    • Home Improvement
    • Travel
  • Ask Ilyce
    • Ask a Question
    • About Ilyce
    • Work with Ilyce
  • Best Money Moves
  • Personal Finance
    • Budgeting, Planning & Family Money
    • Credit & Debt
    • Taxes
    • Insurance
    • Retirement
    • Career
  • Real Estate
    • Buying a House
    • Selling a House
    • Mortgage & Finance
    • Investing
    • Renting or Leasing
    • Book Updates
  • Consumer Advice
    • Auto
    • Health
    • Home Appliances & Services
    • Home Improvement
    • Travel
  • Ask Ilyce
    • Ask a Question
    • About Ilyce
    • Work with Ilyce
  • Best Money Moves

down payment

Whenever you make a large purchase, such as a house or a car, you will likely need to make a down payment. How much down payment do you need? It depends on the purchase and who is giving you the loan. What happens if you change your mind on your purchase? Will you lose your down payment? Learn the ins and outs of down payments here.

  • Permalink

    Why You May Not Need a 20% Down Payment Before Buying

Why You May Not Need a 20% Down Payment Before Buying

By Ilyce Glink| 2018-06-29T09:38:58-05:00 June 29th, 2018|

Why you may not need a full 20% down payment before buying a home, especially if it means draining your savings. Q: I’m looking to buy a home where the typical property sells for about $200,000. I have saved up about $25,000. Should I wait until I have $40,000 to buy the home or try [...]

  • Permalink

    How Can I Afford a Down Payment on a House?

How Can I Afford a Down Payment on a House?

By Guest| 2018-02-13T13:47:42-06:00 August 4th, 2014|

Down payments have always been the greatest barrier to first time homebuyers—and, unfortunately, they still are. For a brief period ten years ago, lenders marketed mortgages with no money down, which made it possible for buyers to circumvent the down payment requirements that would have kept them out of the market. When home values plummeted, [...]

Ask Ilyce – March 9, 2004

By Ilyce Glink| 2009-01-19T01:02:03-06:00 January 19th, 2009|

How much of your savings should go toward a down payment? What's the best way to turn the home your renting into a home you'd like to buy? WGN's Money Saving Expert Ilyce Glink answers questions from the Mailbag about buying and selling real estate.

Expert Real Estate Tips: Down Payment Information

By Ilyce Glink| 2008-12-18T21:00:41-06:00 December 18th, 2008|

How much down payment is required to buy a home today and how does location and house price affect your down payment requirements? Learn what percent of the house price you will need as down payment when buying your new home in this Expert Real Estate Tips segment on down payments.

Earnest Money: Home Buyer Must Follow Home Contract

By Ilyce Glink| 2008-11-12T00:00:00-06:00 November 12th, 2008|

Can you as a home buyer get your earnest money back on the purchase of a home if the financial markets prevent you from getting a loan to buy the home? When you as a home buyer put earnest money down on a home you're bound by whatever the home purchase contract states. You can lose your earnest money if the contract allows the builder to keep it, regardless of whether the credit crisis affects the your ability to qualify for a mortgage loan.

What Happens In A Short Sale

By Ilyce Glink| 2017-08-17T10:37:11-05:00 September 19th, 2008|

A short sale means that the buyer is offering less than what is owed on the existing mortgages. The funds in the deal will be "short" the amount needed to pay off all of the lenders and closing costs. To complete a short sale transaction, all lenders must agree to accept less than what they are owed.

Mortgage Applicants Choose Less Risky Loans

By Ilyce Glink| 2008-08-19T09:47:00-05:00 August 19th, 2008|

Perhaps homeowners are taking the advice of the mortgage industry and refinancing into more affordable loans. A light at the end of the tunnel if you ...

First Time Home Buying Difficult With No Down Payment

By Ilyce Glink| 2008-08-07T00:00:00-05:00 August 7th, 2008|

A self-employed first time home buyer asks Ilyce for advice about buying a home without a down payment. The first time home buyer has a great credit score but no money for a down payment. Many non-profit programs that used to help first time home buyers with a down payment have gone away. What options does the first time home buyer have without money for a down payment?

Ilyce Glink on WSB Radio – June 22, 2008

By Ilyce Glink| 2016-10-20T04:14:04-05:00 June 22nd, 2008|

Today on the Ilyce Glink Show, we talked about Operation Malicious Mortgage, the FBI's huge national takedown of mortgage fraud schemes. We also talked about how the FHA is going to renew attempts to get rid of third-party down payment programs, like Nehemiah, and why that's so important. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter. Check out the videos at www.expertrealestatetips.net. And be sure to subscribe to her YouTube channel.

Real Estate Agent Should Return Down Payment Money

By GlinkAndTamkin| 2008-06-19T00:00:00-05:00 June 19th, 2008|

After a home sale falls through, a buyer asks about getting earnest money back from a real estate agency. The real estate agency cashed the earnest money check. What can the buyer do to get her earnest money back?

1 2 3 Next
see more posts

Archives

Recent Tweets

Tweets by @Glink

About Us

About Us
Contact Us
Glossary
Privacy Policy/Terms of Use

Related Sites

Newsletter

ThinkGlink Newsletter
© Copyright 2001 - . ThinkGlink, Inc. | All Rights Reserved
TwitterFacebookLinkedinYoutube