ST Alpha - "Buying a home for the first time? 0% down payment isn't a thing of the past -- (link)" (Reading a Post)

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Buying a home for the first time? 0% down payment isn't a thing of the past -- (link)

Posted by Loyola Jun 3 '09, 15:07

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http://www.businessweek.com/bwdaily/dnflash/content/jun2009/db2009063_664304.htm (www.businessweek.com)

Responses:

*kicks whoever thought of making it only for first-timers in the gut* -- nm - nubby Jun 3, 15:21 1
- It's not. After 3 years of non-home ownership (in a row), you become a "first time homeowner" again. - JaxSean Jun 3, 15:24
I read a few days ago that's been changed... whoever came up with the plan is an idiot - Stewie Jun 3, 15:14 2
- i don't think it's a "plan" as much as a loop hole. I think it will help a lot of people, but I'm assuming some will exploit it. -- nm - JaxSean Jun 3, 15:20
- I bought with zero percent down ... heh ... -- nm - Beryllium Jun 3, 15:18

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