Home Buying in Palmdale>Question Details

Professional…, Home Buyer in Palmdale, CA

Hi everyone, my name is Tiffany. US Army vet. I have terrible credit score of 495but I have a six figure settlement from VA Can I start buyinhud homes

Asked by Professional.tiffany, Palmdale, CA Sat Jan 26, 2013

My settlement comes with a lifetime service connected pension of nearly 3000 monthly. So money is not the problem credit is. Anyone know of a foreclosure peogram I can look into or some type of properties I can purchase at a percentage of the cost. I am located in southern california. In northern los angeles county in an area called antelope valley. Cities are palmdale & lancaster. Thank you

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14
Ron Thomas’ answer
Thanks for Serving!
We didn't hear that in '72

How about doing both; Put 50-75% down, which some lenders will do, even with 495.
This will give you equity and help you rebuild your Credit.

Start with Navy Federal Credit Union, they serve all 4 services.

Good luck and may God bless
0 votes Thank Flag Link Sat Feb 2, 2013
Tiffanyy, Please send us your contact information so we can help you.
PAUL & JANINE KOSTER
661-878-6533
teamkoster@verizon.net
0 votes Thank Flag Link Mon Feb 11, 2013
Hello Tiffany, just keep following my direction and your almost there. As soon as the school loans are straight and can pass CAIVERS, your ready to go with which ever loan program you choose as we discussed. I gotcha.

http://www.under640ficoscoreloans.com/Pages/VAHomeLoans.aspx

http://www.under640ficoscoreloans.com/Pages/CalVetHomeLoans.aspx

http://www.under640ficoscoreloans.com/Pages/FHA.aspx

http://www.under640ficoscoreloans.com/Pages/Conventional.aspx

http://www.under640ficoscoreloans.com/Pages/CHDAPLoans.aspx

http://www.under640ficoscoreloans.com/Pages/HalfPercentDown.aspx

http://www.under640ficoscoreloans.com/Pages/ContactSheryl.aspx
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
20+ Years Experience
DRE# 01140252
NMLS# 297251
760-486-4225
9am till 9pm 7 days
http://youtu.be/MrygA2_8fAY
0 votes Thank Flag Link Mon Feb 11, 2013
Tiffany, we can help. We have the right lender. There's a program where you can get with .a half of a percent down. Please contact: PAUL & JANINE KOSTER AT 661-878-6533 or email teamkoster@verizon.net
0 votes Thank Flag Link Mon Feb 11, 2013
In the Antelope Valley you you have a few options. You can purchase a duplex for cash and work on your credit. Live in one unit and rent out the second unit.
0 votes Thank Flag Link Sun Feb 10, 2013
I you are buying cash, you can buy a HUD Home. HUD likes cash.
JANINE KOSTER
01331978
661-878-6533
teamkoster@verizon.net
http://www.avhouses.com
30 years experience
0 votes Thank Flag Link Sat Feb 2, 2013
Hello everyone and thanks for your responses. I was hoping that with this six fig settlement that's in the low 100's I could find a property to rent out for additional income and one to love in myself.I'm single woman but I would need at least 3 bd 2 ba ready for move in. I am writing down everyones numbers now and will contact individually. Once again thanks to everyone for their prompt response and info.
0 votes Thank Flag Link Sat Jan 26, 2013
Tiffany, we can help you just call us at 661-878-6533 or email teamkoster@verizon.net
Flag Mon Feb 11, 2013
Tiffany,

I have worked with many veterans over the years and have a long family history of being in the military-Army and Navy...so I totally appreciate your sacrifices you have made for our County! Thank you!!!!

The lender I would refer you to can help you build your credit back up for FREE-no cost!!!! Let me know how we can serve you!

Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
951-204-1864
0 votes Thank Flag Link Sat Jan 26, 2013
Hello Professional.tiffany, I am also a Veteran and love to assist fellow Veterans with their home purchase. VA is not a fico score driven loan program but I would have to look at your credit to see what we are dealing with. I specialize in Under 640 Fico Score Loans and offer credit repair at no cost to raise fico scores to qualify. Although VA or CalVet are not fico driven loan programs, I can determine what needs to be done on your credit to qualify and fund a VA or CalVet loan for you.

I can raise fico score within 3-4 days in most cases at no charge and work directly with the three bureaus. Most credit repair companies charge $30 per account per bureau but I don't charge for my clients. Here are some links to study and consider. I look forward to hearing from you to assist you in your home purchase.

http://www.under640ficoscoreloans.com/Pages/VAHomeLoans.aspx

http://www.under640ficoscoreloans.com/Pages/CreditRepair.aspx

http://www.under640ficoscoreloans.com/Pages/ContactSheryl.aspx
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
20+ Years Experience
DRE# 01140252
NMLS# 297251
760-486-4225
9am till 9pm 7 days
http://youtu.be/MrygA2_8fAY
0 votes Thank Flag Link Sat Jan 26, 2013
Hello Professional.tiffany,

I am a real estate professional in the Antelope Valley - I'd be happy to assist you with your options. With a 495 FICO, obtaining a loan will be the difficult issue right now.

Your settlement - is there a lumpsum of high 5 figures? If so, then you may want to consider purchasing something outright, putting a portion of the monthly amount away for a future downpayment. Live in the cash purchased home then, utilizing the equity in 12-18 months to purchase another home in an area that you really want to be in. During this time working on your credit issues so you can qualify to purchase a "dream" home.

I'd love to sit down with you, and explore options.


Tamara Stoebe, REALTOR/Notary
GRI, e-PRO, CHS, QSC
DRE License #01827461
Prudential Troth REALTORS
1801 W. Ave. K
Lancaster, CA 93534
(661) 466-6849
Fax (661) 422-3006
http://www.TamaraStoebe.com
0 votes Thank Flag Link Sat Jan 26, 2013
HOMES - as in plural? How many do you need?
0 votes Thank Flag Link Sat Jan 26, 2013
Hi tiffany, I am a local Broker in Palmdale. With what you indicate we should have little or no trouble getting you into a home locally. Contact me directly so we can talk about getting started. Please remember, it is always best to use a local Broker when buying a home, agents from outside the area are not familiar with local neighborhoods and trends.

Don Gockel, Broker
661-273-6654
0 votes Thank Flag Link Sat Jan 26, 2013
Hi Tiffany,

I can refer you to several lenders that specialize in VA loans. I can also help you find homes. You can search the MLS for free at http://inlandempirerealestate.kwrealty.com
Give me a call at 951-204-1864 if I can be if any more help.

Thanks,

Joan Patterson, B.A., G.R.I., Realtor, License #01431647
Keller Williams Realty
951-204-1864
calljoan4ahome@gmail.com
0 votes Thank Flag Link Sat Jan 26, 2013
Please start by calling Pat Mulvey at Gem Mortgage, (661) 949-3388

When you're ready, I'll be waiting!!! 661-435-3800
0 votes Thank Flag Link Sat Jan 26, 2013
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