Posts Tagged as down payment

Buying a home in New Jersey for no money down — and you thought it was impossible!

A first-time home buyer asked me last week how much she’d need to save up for a down payment before she can buy a home. I told her that she might not need to save any money for a downpayment; she can buy a home for no money down in many parts of New Jersey. I’ve also spoken to many, many Realtors that have no idea you can still finance 100% of your home purchase in many cases. In fact, you may even be able to buy a home with less money upfront than you’d need to move into a rental property.
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