With today's real estate market, depending upon where you are hoping to make a purchase, the prices may not appreciate significantly that your monthly payments would be much higher - in fact, with the higher credit scores your monthly payments could be lower.
Hi, I might be able to assist you with your credit. I specialize in helping clients get back on track. I'm also a Mortgage Banker:)
Take a look for yourself...
Please email me with any mortgage or credit related questions that you may have.
Home this helps.
Gary L. White, Broker
Before I could answer that I would have to see how bad your credit is, you might think it is bad but a lot of cases you can still qualify for FHA. Lease/Purchase contracts are also a good way to go so you can purchase the house several months to a year down the road and work on your credit to improve it. I own a mortgage company and am also a real estate agent, please give me a call so I can explain the options and see where your credit is. I also have a credit restoration company that I deal with and they have done great stuff with past clients for me.
Sand Castle Realty Group