A seller's market is when the inventory is very low and the number of buyers outnumbers the available property for sale. Therefore the successful purchasers are the ones that are fully
How Much Money Do I Really Need
Dated: September 6 2016
There are several different types of loans in order to buy a house. And right here in the Harlingen, Texas area the most popular is an FHA insured loan. When using an FHA insured loan you will be required to put in 3.5% of the sales price of your own money to buy the house. You can also receive a "gift" from a friend or relative.
There is also buyer closing cost in buying a house as well. And generally speaking that is an additional 5% or 6% on top of the down payment.