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First Time Home Buyers First of all, a first time home buyer is one who has not owned a home for the last three years. 40% of all first time homebuyers think they have to put down 20% to buy a home. That is wrong, very wrong! 37% of all homebuyers think they have to have perfect credit! No,no. Wrong. To buy a home you will need to have a 3% down payment. Closing costs will be about another 4%, but a seller can pay that for you. For example you buy an $80,000 home Down would be $2400 Closing would be $3200 Total $5600 Great websites to check out are www.TexasRealEstate.com About Credit You might be eligible for a very good rate even if you do not have perfect credit. It is always worth checking it out. Call me, Lauren Clark, on my cell, 325-669-7225 and I will hook you up with a lender. Or email me Lauren@laurenclark.com and I will have a lender email you. Closing Cost Help Sometimes the city of |