It will take some effort on your part as well as the lenders. If you are willing to try and do what's necessary. We can help you purchase a home.
Barrett & Co. Realty Inc.
David Cooper Investing in Las Vegas since 1994
FREE REO Foreclosure List http://www.lasvegaswinner.org
Give me a Call 702.499.7037
Meet with a Local Mortgage Banker to get prequalified for mortgage financing. The Mortgage Banker will review all facets of your loan request to answer your questions with regards to the types of loans and maximum loan amounts you could qualify for.
Get a referral to a good, local, real estate attorney. Call the attorney, retain the attorney so you have her information handy when you make an offer. Having that information at time of offer helps you demonstrate to the Seller how serious you are, and they will consider your offer with more interest.
NEW YORK ONLY
Line up a Home Inspector. A good home inspector will scare the heck out of you: that's what you pay him for! But you'll concentrate on the fundamentals of the property: roof free of leaks, plumbing, heating and electrical up to code and in good working order. Again, when you make an offer and you have your Home Inspector ready to go, your offer will be considered with much more interest by a Seller because you truly have your "ducks in a row" and your preparation demonstrates your serious attitude about conducting the purchase transaction in a timely manner.
Find an experienced Local Realtor who works in your desired shopping area. A serious pro Realtor will refuse to show you homes until you are Prequalified for mortgage financing. Don't take offense! That Realtor doesn't want you to be disappointed and wants you to have a smooth experience as you shop for your new home.
Put together your Team of real estate professionals and shop 'til you drop!
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker â€“ NYS Dept. of Financial Services
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If you have no credit a good way to start is opena credit line such as a car payment or credit card. If you can not get approved for either you can go to the bank you bank with or a credit union (I recommend credit unions over commercial banks) and ask them for a "secured credit card". This will require you to put the money say $500 for example into an account. The bank/credit union will put a freeze on the $500 and issue you a credit card with a "secured" $500 limit. After you make your payments on time for about 6 months you can reapply for an "unsecured" credit card. At that time they will release the freeze on your $500 and then it will work like a traditional credit card and it will help you build your credit. Make sure you only charge what you can afford and pay it off each month.
If you would like to discuss an investment strategy further please feel free to contact me directly.
The Adams Team at
Rothwell Gornt Companies
Then call me to find a house for you. Judye Phebus 702-595-1229, Prudential, Americana Group, REALTORS. Http://JudyePhebus.com
Otherwise...get a few credit cards, keep the balances low, always pay on time & build your credit.