gurus tell me that I'm "doing it wrong", and that's why I can't get to 780. I'm a saver, penny pinching, cheap skate. I have never financed anything, and my credit card balance is paid in full every month. Thus, I have never paid interest and I'm told creditors frown upon that. My problem is income, annual average just under $30,000 over the last 7 years (with the same company). Although, I'm up to $17,500 in my "down payment" account since my orginal post. I am an EMT and therefore totally dependant on OT to supplement my $20,000 base. I've stumbled on a couple gems right at $100,000 and according to the mortgage calculator provided by trulia, my monthly payments would be around $500. (Way cheaper than my current rent) So, I've called a couple of these phone numbers, jumped through a few hoops, in regards to collecting and submitting past tax returns, bank statements, paycheck stubs, DL, SS, employment verification, etc. At first the agent will seem excited, but when I tell them I'm looking at, rural fixers at or below $100,000, they'll try to show me stuff for more than double. ...OK, my apologies, I've rambled on long enough. My questions are:
1) Can a 1st time buyer do this on their own?
2) Are there agents/brokers who will help a guy like me out of the kindness of their heart, because
as you can see, 'aint a whole lot of commission from the numbers that I'm working with.
There are very good possibilities for you.
Depending on the home you are looking for there pretty possibilities in that area.
Have you been pre-qualified by a lender yet?
Contact me I'd like to offer my services in helping you find what you are looking for all the way till the keys to your home are handed to you.
Feel free to contact me on any question you may have. I know the area.
First thing to do is get qualified with a lender. Once (or if you've already done this) team up with a realtor that you can trust, I will be happy to help you. The less expensive the housing the more competition you will have, be ready to put in several offers, just in case.
Feel free to contact me for any assistance as a realtor or if you need the name of a lender.
Thanks and have a wonderful day,