Home Buying in 06514>Question Details

Richard Nista, Home Buyer in Hamden, CT

This question is for the Hamden area real estate market. I currently own free and clear a two family house in Hamden. Bof A recently appraised it at

Asked by Richard Nista, Hamden, CT Thu Oct 8, 2009

$180K ... I have cash for a down payment but do not have a reportable income stream to get a conventional mortgage. My credit score is 800.... my question is. Is there anyone out there who actually owns their house outright and would be willing to take back paper...

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Carl Guild’s answer
There sure is... The problem is finding them!! Of course the ones who are able to do it, may not have a house you like... It is a tricky situation to pull off, to find a house you like and the seller is able to take back the note.. Even so the seller may be hesitant to take back the note if you don't have a reportable income stream...
Web Reference: http://www.carlguild.com
0 votes Thank Flag Link Thu Oct 8, 2009
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