Wanting to Buy, No idea what we are doing...My fiancé and I are looking to purchase our first home. We have a house in mind, and know the current resident living there, we are scheduling a time to do a walk through this week since he is in the middle of switching agents. He made a comment that if we get a conventional loan, he will drop the price by 10k, it's currently listed for 85k. This entire thing is spur of the moment for us, so we do not have a down payment of any sorts, etc, would that be required, would not having one hurt our chances? We have already run pre-approved tests through a few lenders for this amount.July 16 2012 - Red Lion00YesReport 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.