Home Buying in 90023 : Real Estate Advice

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Richard Litt…, Real Estate Pro in Orange, CA
Richard Littlefield answered:
Hi, I'm looking for a co-signer to help with qualifying for a home with LGI Homes in or near Dallas tx. They have in house financing....
I actually could refer you to a fellow lender who could do that loan. You would need to put down 10% no co-signer required. Let me know if you would like me to refer you.
0 votes Share Flag Mon Apr 29, 2013 Home Buying in 90023
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
what do u guys think?
Dear CA,
This sounds like a short sale and unfortunately this is common. Your best source of information is directly from your Realtor.
0 votes Share Flag Wed Jan 30, 2013 Home Buying in 90023
Sona Gallatin, Real Estate Pro in Santa Clarita, CA
Sona Gallatin answered:
needed answer plss...
You do know that Short Sales can take months, right?
You got similar answers below, I'm not going to repeat here, so good luck.
0 votes Share Flag Tue Jan 29, 2013 Home Buying in 90023
David Akram , Real Estate Pro in Granada Hills, CA
David Akram answered:
Im looking to get a fha loan. i dont show enough income (selfemployed) to get it. if my dad cosigns can he b taken off after 6 months?
You can only assume only if you can individually qualify for the loan on your own based on your income - which you cannot do at the present. You can in six months if you income has rise ... more
0 votes Share Flag Tue Dec 4, 2012 Home Buying in 90023
Wilimagima, Home Buyer in Fort Worth, TX
Wilimagima answered:
I will be a co-signer on a fha loan but want to be out in six months after closing. Through a streamline refinace, of course all payments on time.
Adding a co-borrower (co-signer) NEVER overcomes credit challenges. It may overcome debt to income ratios, reserve requirements and even down payment money; but, the credit analysis of ... more
2 votes Share Flag Wed Nov 3, 2010 Home Buying in 90023
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