with not great credit,how can I buy a house? I pay rent of $1000,on the first without fail,yet I have nothing to show for it.How can I buy?

(0) | asked by: Nicky Raymond Griffis | share | 5 days ago | Report
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It's best to have your credit report reviewed by a reputable lender so they can set up a game plan on becoming a homeowner.
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answer by Edward Orasi    |   Visit My Website   |   Contact Me
Credit is only one part of the purchasing process. I always advise clients to meet with a lender to set up a game plan that will get you ready to purchase. We have lenders that can process a low at a credit score of 580. But the best thing is to meet with someone to put a plan in place.
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answer by Paul May    |   Contact Me
A few credit card pay downs here and there, reducing monthly payments, showing a consistent payment history will get you to the credit score you need. A lender with an in house credit repair is what you need. You could do a lease option to establish a home at today's prices. There is a company I work with that will buy any home that fits your financial picture. Call me for details. Paul
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answer by Cristina Marinescu    |   Visit My Website   |   Contact Me
Nicky, it is best to contact a lender that will work with you on your particular situation. A good lender can examine your credit and give you professional advice on improving it, if necessary. Some property management companies report your rent payment activity to credit bureaus, and that's to your advantage. Very important, choose a reliable real estate agent that will guide you and advise you throughout the entire process; an experienced agent can recommend lenders to help you and make sure you get best services! Let me know if I can help you, I've worked with many buyers in the same situation, and results were great. Please feel free to contact me with any questions, I would be happy to help you!
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answer by Yvonne DeSena    |   Visit My Website   |   Contact Me
Hello, it's great that you are paying your rent on time, however that might not what is being reported. I would recommend you get a copy of your credit report from the top three (3) agencies. Review to see if your your current obligations are being reported correctly and if there are any inaccuracies. Often we find errors on our credit reports. If you are wanting to buy, please get with a good lender to help you review your report and address what you need to do to bring your scores up. I have several excellent lenders that are happy to assist!
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answer by Demi Kalfas-Gordon    |   Contact Me
I can put you in contact with a great lender that will not only assist in repairing your credit (at no cost) but ensure you are on the right track to be able to purchase your home and stop paying someone else's mortgage. Let me know and I will be glad to put you in contact with him. Demetria Kalfas-Gordon, Black & Cherry RE Group
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answer by Nikoleta Uzunova    |   Visit My Website   |   Contact Me
Hi Nicky, Not great credit means something different to everyone. You will be surprised how many people think that they will not be able to buy a home when they do indeed qualify. My advice would be to talk to a mortgage professional, and go from there. There are a lot of programs out there designed to help you. I will be glad to help you become a home owner, and can get you in touch with a lender who will not only tell you if you qualify or not, but will help you establish your credit to where it needs to be, a process that can take as little as a couple of months. Nikoleta Uzunova Nationwide Realty 702-881-1313
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