Many sellers will not accept a lease option, but it definitely is worth a try, when you are ready.
If you would like for me to recommend different lenders who are highly qualified, who will be willing to help you, please email me. dina@myUSAhomes.com.
As agents, we can not answer the question of what type of financing you can or can not obtain so you should speak with a reputable and honest lender to explore your options and get advice on how to rebuild your credit. I know several excellent lenders in this area and would be happy to pass their information along to you if you would like.
If you would like more information about the Brambleton/Ashburn area or Loudoun County in general, check out my hyper-local blog sites, http://LoudounScene.com and http://LoudounForeclosures.com.
Real Estate Consultant/REALTOR(r)
If you can finance yourself, that is a much better way to go. Alternatively, you should consider leasing until you can purchase, in my opinion.
If you would like assistance weighing your options, please don't hesitate to contact me. I know Brambleton & surrounding area quite well, it is a very nice place.
Also, many lease/purchase situations will involve paying a few hundred dollars extra each month which can be used towards your downpayment if you purchase the home. But if you don't purchase, the owner will get to keep that extra rent. If it was me, I would just rent a nice home in Brambleton first, and then, when my credit was ready, I would start looking for a home to purchase. This would allow me to be able to choose from all the homes on the market when I was ready.
As far as rebuilding your credit, you should work with a mortgage lender on this because they will know exactly what you need to do to be ready to purchase a home. Please let me know if you need a referral.
Check out NFCC.org and Consumercredit.com for resources. Once you do figure that out I would love the opportunity to interview with you and talk about how I help my buyers find their ideal home. There is always a solution, sometimes it just takes a problem solver to find it. I wish you good luck in your search!
Keller Williams Realty
When your ready to start looking for a home-please keep me in mind. We are a family owned and operated real estate firm in Ashburn and I have plenty of great references for you to verify my credentials.
If you'd like assistance in your search, please feel free to contact me at any time.
The first thing you need to do is sit with an experienced loan officer from a reputable company to see what exactly your credit situation is and what you have to do and how long it takes you to do it to be able to get a loan.
There are properties in your requested area that do owner financing, but the owners usually finance for short terms like 2/3 years and would want to know about your credit status and when it will be remedied so you can get a long term loan.
Please call me at 703-819-2961 or go to my web register and I will be able to assist you. I have done some owner financing recently and I have properties listed in Fairfax County where the owners are ready to finance.
There are always opportunities - it's a matter of prudent networking and negotiation on the part of your agent.
I recommend as a next step in the process, to sit down and interview with a few agents - that will give you some perspective on competence and "fit" for your family's personality. It will be equally critical to have a "virtual team" engaged - most importantly a strong and responsive lender. Your agent will be able to put that team together for you.
I would be honored to be included in your process when you're ready to take that next step.
Lisa Moroniak | REALTORÂ® | Service360Â°
Keller Williams Realty
Licensed in VA