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Updated almost 8 years ago,
Question Regarding Full Financing Buyer
Good evening BP'ers,
My question is regarding buyers that become qualified through special programs that require the buyer not to put any money down and no closing costs but are given a certain amount that the mortgage lender through this program will cover that they cannot exceed.
As being a realtor on the buyers side, how would an agent write up the offer for the buyer that is fully, 100% financing the deal through the lender participating in this program? Are these types of deals common and what is the chances of a deal like this being accepted?
Any feedback is appreciated. Thanks!