I'd ask family, neighbors, and friends who had great experiences in home buying to suggest a good realtor or real estate company. They are better to deal with this than the many scams you see on the internet. For the very reason you are looking for a home when credit improves for you, these scammers know this from home foreclosures and/or job losses have many on their radar! They could care less that your credit is in such a sad state of affairs and want to make money on you and others through their greed and take advantage of everyone that comes along giving false hope. Don't just trust anyone. The big bad wolf is still out there and will be for a while.
I've heard of scammers who even show a house saying it's for sell by owner, but they would consider a lease purchase or homeowner financing. The people sign contracts and give money to the scammers. When they try to move in, the "new owners" or "new lease purchasers" find out it's owned by someone who was on vacation! Always talk to neighbors in the home area to find out what they know about the house and it's owners or previous tenants when the :scammers" aren't around. Sometimes, though, these "owner biz" companies promise these wonderful homes or new homes together in a subdivision to bring out the lust and desperation in a person or couple who want a home so bad that the whole subdivision is one of these rent- to-own places who don't know yet that they are being scammed.
California, Nevada, Florida, and Colorado is swimming with these sharks! The finance rate could also be hefty!!! Other states are having the same problem with these companies who are on the verge of legitimate but it's only6 as matter of time before it comes out what's really going on.
I hope you are utlizing the correct government agency to improve your credit for FREE and NOT paying anyone for this "service!" There are plenty of those scammers out there, too. I've seen and heard of so many "creative" crooks out there. It happened to my parents when I was a teenager! The owner took us from our home we loved, friends, school, and forced us into poverty for 2 years in a townhome projects out in the country with crime. It was horrible but could have been worse. At the time it looked like no way out.
We lost our cars even though we were paying faithfully on them. The embarrassment of sheriffs taking away our cars was also tearful and frightening. Mom even locked herself in one of them, but their attorney on the phone told her to get out of the car, or she'd be arrested by these sheriffs! My folks tried to get another car to be able to work, and one dealer said he had the perfect answer for my dad and mom. I saw him that night pull out a revolver from his drawer and push it towards my dad saying that this was his answer. Can you imagine that and my being a teen seeing that and hearing what I also heard. We ran out of there! I purchased a car for dad from a long term dealership falsely saying I was 21. My folks backed me up. Dad was able to go to work. We felt so bad that I had to lie, but I said there was no other way. I had all the furniture placed in my name, so no one could take that either. I had made out the checks and paid them in person when driving dad's car downtown a ways from where we lived from our lost home. About 1 year later later their attorney friend said they needed to file for bankruptcy. We were not hiding assets from the bankruptcy judge as that's a federal crime we would never commit!
"Caveate Emptor" (Buyer Beware!)... more