Quote Originally Posted by ttocs View Post
I bought my house with 0 down in 2001. I can't remember the name of the program but you have to get the sellers to agree to it. When the house is sold they give 3.5% of the sale to a non-for-profit company. The company kept the .5%, and then the remainding 3% was given to pay the FHA down payment. Because it was a non-for-profit donation it was tax detuctable for the seller so they could declair it on their taxes and get it back.

now sure if they still do that now, but it is worth checking into.

Its not like it used to be back inthe day. They are more strict now. I think FHA still does the 3% down.