Credit is a factor that all investors and sellers take into consideration. Depending on your credit (also your debt to income ratio), you may qualify for financing. If you have not already, the very first step that you will need to take is to contact a credible lender to discuss your options. If traditional means of financing are not available to you (some programs will work with scores of 580 or more) then your next avenue is to try seller financing. Feel free to give me a call at seven 70-463 dash nine 345 and I can put you in touch with local lenders who can address your financing needs. It only takes about 10 minutes and if your scores are not where they need to be, a good lender can show you how best to get your scores to where you can take advantage of this great buyers market. This process will be necessary even if you are working with a seller on a seller financed option. Your last option is renting. We've all been there at some point, but rental rates are very strong right now and will continue to rise. In today's market... renting will cost you almost 2 times as much as (depending on the location).
Full-time, full-service local Realtor
I live in Fayetteville and know the area well. Give me a call or email me and I'll give you the name of a great lender that can help you deterimine your financing status, monthly payment, etc. There are some great first time home buyer products and it's the best time in history to buy a home! I'd be happy to have the opportunity to help you and your family. Thanks!
The Stephens & Stephens Group
Better Homes and Gardens Real Estate Metro Brokers
http://www.StephensandStephens.net - Website
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