Can I REALLY buy a house for a dollar??
If you are VA eligible, yes you can!

Liz Moore & Associates is excited to launch the VA $1 Move-In Program. Participating Liz Moore sellers have partnered with 5 of our preferred lenders and Lytle Title to pay all of the buyers closing costs and prepaid items, including a survey and owners’ title insurance. What does that mean for VA eligible buyers? That you can put one dollar down as an earnest money deposit, and move in after closing with no more money out of pocket!

For example, you can buy a $300,000 home with 0 down will have a monthly house payment of $1530 (principal and interest only), for a 30 year loan with a fixed interest rate of 4.375% (APR 4.567%). Hurry – rates may change! In this example, the seller will pay $6,700 of costs on your behalf, enabling you to move in for a dollar.

How do you learn more about the program, see if you qualify, and check out which listings are participating in the campaign? Just visit www.OneDollarVAMoveIn.com or call a Liz Moore office at 757.873.2707 (Peninsula) or 757.645.4106 (Williamsburg) for details!

Posted By: Liz Moore on Wednesday, September 29, 2010