First Time Homebuyers Looking at ForeclosuresHello,My wife and I are first-time home-buyers with little to no money to put down as a down-payment. We could wait a year and put 3.5% down as an FHA option, but with rates low and a baby on the way, we'd like to buy within the next 6 months. I heard that you can get $100 down-payment if you buy a bank-owned foreclosure- is that true?August 30 2013 - Cherry Creek00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.