Close

See current mortgage rates on Zillow Mortgage Marketplace

How do I purchase an house "under construction" (construction has stopped) without 20% down?

Profile picture for saib4
My wife and I are looking to purchase a home where a builder has run out of money and cannot finish the house.  We are hoping to purchase the house and also have money to finish the construction.  The house is about 80% complete.  We do not have 20% down.  
  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

February 22 - New Canaan
 Share
 RSS
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

Answers (2)

Profile picture for CandaceCamacho
They have another question as well that relates to this post. 

Click here for more details. 

Thanks,
Candace
Zillow Customer Support
  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

February 23
Profile picture for shapiroamg
Talk to a local bank that might have some sort of renovation program. Other that that speak to an attorney. If the builder ran out of money, there may be a bad title associatied with the property.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.

0Yes

February 22
 

Have a question? Ask it here.

What's this?
Close

By starting a discussion, you can expect more of an interactive, back-and-forth experience where the conversation can go in many different directions.

Or start a discussion
Related Questions
Profile picture for Candace Camacho
QuestionHow do I purchase an house "under construction" (construction has stopped) without 20% down?
  • Latest answer by Candace Camacho
  • February 23
Related Articles
GuideJumbo Loan
GuideA QUICK ARM 101
GuideA QUICK ARM GLOSSARY
GuideLOANS (A 3-MINUTE ARM GLOSSARY)
GuideFHA loans may be what you are looking for
Compare Mortgage Rates

See New Canaan mortgage rates

Be A Good Neighbor

Zillow® Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy