Keller Williams Miami Beach Realty
This is the perfect storm to purchase a home, prices are at historic levels,and the market is over saturated with properties that just won't sell. You do have a problem, with your credit at 524 you won't find a lender, but don't be dismayed, let's talk and we can possibly finance your dream home. If your income is right and your credit score can be repaired you may be able to get a hard money loan with no prepay penalty today , and once your score improves we can get you into a 30yr fixed loan. My advice is that you should rent for a while and get your scores up, and than make your move. I don't see this market making a turnaround anytime soon. It is your choice, but if you find a deal that you just can't pass up,and want to buy give me a call.
Let's do the math together, and look at your options.
Have a Blessed day,
My suggestion is to look for a seller who is willing to finance, or looking for a home that you can rent with an option to purchase while you clean up your credit. Give me a call about exploring these possibilities: 305-801-3133.