How to finance a house

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1 total messages Started by BurrittDR Fri, 09 Mar 1984 22:28

Author: BurrittDR
Date: Fri, 09 Mar 1984 22:28

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I am thinking about buying my first house/condo/townhouse/? (I'm not quite 
sure) and would appreciate any suggestions from people out in net land 
on things that I should look out for along with things that I should look for.

My current concerns are financing. Is it better
to get a straight 30 year loan or go for one of those other types
such as a 3/2/1 buy down. What other types of *creative* financing
are out there?

Does anybody know what CHAFA (sp?) money is and what the requirements
are for getting it. I think CHAFA stands for Colorado Housing
Financial Assistance. 

Again, any suggestions would be greatly appreciated.

-- dave burritt, x4067, druxy!drb

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