Me and my wife are looking to buy her grandmothers house that needs to sell in the next 2 months.
The house will cost around $350-400k
We have good credit.
She makes $40k I make around $30-40k as well.
We don't have much more than a few thousand saved up for a down payment.
We were not expecting the house to come up for sale as soon as it did. That is why we don't have much saved up.
So with that background info, what do you guys think we can do?
What type of options are there for us? First time buyer loans, or any type of loan for that matter. We are not really educated on the different type of loans.
This property does sit on 5 acres of orchard land. That is in production. Maybe there is a better loan for fist time buyers of a farm?
Please let me know what you guys can come up with. We are pretty desperate and would like all of the information anyone can throw at us.
Also, this is in Washington state.
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