Home purchase promises fall short Premium Content

Buying a home without credit check or down payment unlikely

Inman News®

"Buy with no credit!" shrieks the headline on the Web site. A photo of a sprawling house posted on the site bears the caption, "We secured this beauty for only $1 down!"

For $197, the site offers an e-book that will teach readers how to buy a house with no money down and no credit check. And there are other sites and salesmen with similar promises.

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