Focus on rebuilding your credit, saving for a down payment, and learning the local market.

Hi all! Do most Lenders require 20% down on a land purchase? I've spoken with Vystar Credit Union, AgSouth and Navy Federal. They all stated 20% is needed. So I was just wondering if its the industry standard for that...

Do you mind expanding on how you attained closing cost and down payment?

If rates drop, more buyers will come to the market and you can refinance to lower your monthly payment.

What if the person staying at your place signed a contract but their 1st payment check bounced.

What % of purchase price is smart to put as a down payment? 

Even if you have an excellent team built with plenty of trust, it's really difficult to do this without having lots of face time and rapport building. 

If the owners are saying that, then it is not to be trusted.

Later she was unable to refinance, and the ex-husband kept making payments for her so the property wouldn't go into foreclosure.I would highly suggest to your friend to contact Noel Cookman DURING the mediation process, not after.

Set clear goals, save for a down payment, and practice analyzing deals to build your confidence.