HI, i was in your shoes a few months ago, In the Dallas area you can find seller financing . I have a beautiful home but .....and there is always a but! please have your deal scrutinized by your own attorney. We had a turbulent couple of months recently and the mortgage defaulted, we could not get the lender to negotiate a solution with us and boy did we try. Traditonal lenders will try to work something out with you. Basically my lender is after more money, we have totally renevated the home and he knows that he can get more money out it. So we are now in bankruptcy court. Make sure you cover the unexpected, life can throw you some curves, in our case it was temporary but the lender was not understanding of that.

Hello Mrs. Lee, I do not know if you and your husband would consider a condo, but I have a one bedroom condo listed for sale with a seller who will consider owner financing. If this may be of interest to you, please feel free to contact me.

Sue Krider

There are definitely Owner Financed Properties available in Dallas. The Owner finance program is designed to help those with less than perfect credit purchase a home. In an owner finance deal, buyer and seller contract for the sale of the property subject to bank approval. Sometimes called a “silent assumption” the sale is completely legal and title is transferred. As long as you put MORE than 5% down (preferably 10%) you're considered to be less risky and title is usually transferred immediately upon closing.

*The credit applies to purchases that close before Dec. 1, 2009. Limited Time Offer - ACT NOW!

*All deals are handled at a law firm by a Real Estate Attorney - you will know in advance whether or not title will be transferred at closing.

Send me a quick email if you'd like a current list of Owner Financed Properties in Dallas.
lballen@kw.com

La Shonda Allen
Keller Williams Realty
3131 Turtle Creek Blvd, Ste 100
Dallas, Tx 75219
972-358-0367

Blia, I agree with the below postings about finding a good loan officer/mortgage broker to review your options with you. You can go the route of owner financing or lease purchase but there are costs associated that you really need to be aware of like higher interest rates and condition of the property..

Good Luck with the home search. Bruce

I need many questions answered. If you credit is poor then requires to resolve those issues. However I hope this blog post would provide additional assistance.

http://activerain.com/blogsview/1061537/dallas-homes-for-sal…

http://activerain.com/blogsview/1148928/dallas-home-buyers-t…

I am a consultant to many across the country for credit repair in some instances it easy resolve issues within 60 - 90 days undetermine what issues are.

I am a Dallas realtor and loan officer “one stop shop for all your real estate services”

Direct link homes: http://sites.google.com/site/dallasbankforeclosureslistings


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Lynn A. Crosby ~ National Featured Realtor
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the best thing is just to talk to a professional to look at exactly how your credit shows up on the bureaus which is what matters. their is owner financing options available in the area and normally they will want 5 to 10% down.

i would be happy to help yall relocate. i work really well with relocations, i have lived all over the area and am very familiar with many different parts of the metroplex and do not mind showing you homes in many different areas to find one that is a fix for you.

finally my lack of large name broker allows me to rebate you 20% of the commission after closing.

thanks for your time
RJ Avery
214-682-0598

call me or email if you would like the name of a good loan officer

http://www.dfwrealtycompany.com/featuredproperties_index.php… is a
site that lists properties available in the Dallas area that offer seller financing.

As you probably know, if your credit is not perfect your lending rate, regardless of a seller or a lending institution, will be higher than average.

Another option is to rent with the option to buy.

I suggest you find a local mortgage professional and schedule some time to talk. Once a professional has reviewed your entire profile, they can make an informed suggestion. For example, it may be that you cannot get a loan at the moment, but with the help of a professional, be in a situiation to buy in the near future.