Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 6/24/83; site druxy.UUCP Path: utzoo!watmath!clyde!burl!we13!ihnp4!drutx!druxy!drb From: drb@druxy.UUCP (BurrittDR) Newsgroups: dr.general,net.invest,net.legal Subject: How to finance a house Message-ID: <1037@druxy.UUCP> Date: Fri, 9-Mar-84 17:28:30 EST Article-I.D.: druxy.1037 Posted: Fri Mar 9 17:28:30 1984 Date-Received: Sun, 11-Mar-84 01:03:51 EST Organization: AT&T Information Systems Laboratories, Denver Lines: 16 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