Home Buying in Harrison>Question Details

Orlando Patr…, Home Buyer in New York, NY

looking a short sell house to buy my credit report is 720 ..I need advices ...patricionyc@gmail.com

Asked by Orlando Patricio Abarzua, New York, NY Fri Sep 7, 2012

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3
Hi Orlando,
Your credit score should be good enough for you to purchase a property. They will also look at your total debt to income and if this is a second home or investment property, it might be tougher.
If you have a specific area in mind, post your question there and local agents will chime in to help you.
Web Reference: http://www.dianeglander.com
0 votes Thank Flag Link Fri Sep 7, 2012
Hi,

Have you identified a particular property that is a short sale? Or are you targeting your search specifically to this type of property?

You have a credit score that will meet a lender's criteria to obtain a loan. You will also need to document your income and assets, and demonstrate that your debt ratio is manageable as per the loan guidelines for your given loan. Assuming you are able to do that....you are in good shape to make a purchase.

You may likely hear from several agents at your email address. If you define your target geography and price range you may receive offers for assistance that are more tailored to your objectives.

All the best,
Deb
0 votes Thank Flag Link Fri Sep 7, 2012
Deborah Madey, Real Estate Pro in Red Bank, NJ
MVP'08
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Hi Orlando,

There are several short sales options on the market right now.
Do you have a specific area you would like to purchase in?
Contact me directly so we can discuss your needs further and see what will be the best route to
take with securing your investment.

Laquita Baez
Licensed Realtor in NJ and GA
Weichert Realtors
lbaez@weichert.com
973.687.7095
0 votes Thank Flag Link Fri Sep 7, 2012
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