i want to buy a house with 3,000 dollars can i afford or not?
2006-12-18 15:52:13 · 13 answers · asked by LAURA L 1 in Business & Finance ➔ Renting & Real Estate
Maybe an out house.
2006-12-18 15:59:01 · answer #1 · answered by Grandpa Shark 7 · 0⤊ 0⤋
nowadays, with the loan programs out there, you can buy a house with no money down. I've had customers purchase a $300,000 house with no money down, and their 1st payment was due two months after settlement. they were able to negotiate with the sellers, and have them pay all the closing costs.
if you're talking about a house with a purchase price of $3,000, then that will take some work. you can buy properties up for tax sale for that amount. or, government seized properties. but, a lot of investors buy HUD foreclosed homes for cheap prices, too. check out hud.gov, or this link below.
2006-12-18 16:24:33 · answer #2 · answered by abcdgoodall 4 · 1⤊ 0⤋
You could buy a HUD house or a home that is in forecloseure. The thing about homes like that is they need A LOT OF WORK! So can you buy one? Yes. Can you live there? NO! Not without putting thousands of dollars into it!
2006-12-18 16:02:24 · answer #3 · answered by Topaz 3 · 0⤊ 0⤋
the resources may likely be a unload. a number of years in the past I were given a carry of a foreclosures record and it had a large number of garbage resources. be careful right here because there are a large number of scams in this subject. i'm more beneficial into antisocial tax lien sales. i do no longer opt for to personal resources yet rather acquire 18% activity on tax lien purchases. I actually have somewhat over $4,2 hundred that I plan to make investments in some days.
2016-11-27 19:20:04 · answer #4 · answered by ? 4 · 0⤊ 0⤋
Yes. Lots of houses in Alabama, Mississippi, North Dakota, Alaska cost just $30,000. Ten percent of it woud be $3,000, perfect for your budget.
2006-12-18 15:56:37 · answer #5 · answered by rhbj03 2 · 0⤊ 0⤋
IN places like Iraq or Afghanistan or maybe some african countries,for sure you can buy a house for 3k you might even have something left for home decorating.
2006-12-18 23:24:29 · answer #6 · answered by albisorii 1 · 0⤊ 0⤋
If you can find a list of foreclosed homes...it's a possibility. The bank will take the home and resell it for what is owed to them in taxes. These lists are hard to come by though.
2006-12-18 15:56:08 · answer #7 · answered by zimmiesgrl 5 · 0⤊ 0⤋
3,000 could be a down payment. but you can't buy a whole house for that mch
2006-12-18 15:54:06 · answer #8 · answered by Starry Eyes 5 · 0⤊ 0⤋
For your dog. Or may a tree house.
2006-12-19 01:42:51 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Yes, if you are a good negotiator
2006-12-18 16:02:21 · answer #10 · answered by ir rose 3 · 0⤊ 0⤋