Hello Lawrencencandy, The minimum timeframe is 3 years FHA so you have another 6 months to wait. I specialize in Under 640 Fico Score Loans and offer credit repair at no cost to raise fico scores to qualify. You may qualify for CHF Access half percent down payment program with a minimum 580 fico score which can also contribute towards your closing costs as well. We can look at your credit and begin to work on it to clean it up and I can advise you what to do to raise them. We can also look up the date your short sale closed so you can buy one day after that date coming up. I can get an approval one day after the 3 years is up.
Here is what is available in Duarte up to 350k to study.
Click the following URL to see the Listings:
Here is a link, flyer, maximum income limits for CHF Access and a needs list you will need to qualify to buy. Let me know what you think of these listings and how many bedrooms and the maximum payment your looking for. I can go over the programs you can qualify for which is going to be FHA 3.5% down and .5% down which is $1,500 with a minimum 580 fico score. If you want to go conventional you will need a minimum 660 fico to qualify for 5% down which is 15k. I can go over a strategy to get you into escrow...
CHF Access half percent down flyer, pdf
CHF Access income limits http://tinyurl.com/8lzf8he
Sheryl Arndt, standard needs list checked, pdf
Sheryl Arndt, Real Estate Broker – Sr. Loan Officer CA only
REO & Short Sale Specialist
20+ Years Experience
I'd recommend checking Google for your options: https://www.google.com/search?q=duarte+senior+communities&aq=f&oq=duarte+senior+communities&aqs=chrome.0.57.2893&sourceid=chrome&ie=UTF-8
Ali, Community manager... more
Yes, foreclosures are stated to be sold, "as is". However, a skilled, trusted agent should help you strategize the question whether/how, to ask for repairs on this home. Depending upon the specific situation, there are times to push for repairs. I'd be curious to hear what your agent thinks...
I like Chicago Title with Eric Maurer. His contact information is: firstname.lastname@example.org
Please let me know if I can be of further assistance.
Town Square RE... more
I'm a realtor that LIVES and works in Duarte. Like any city (including El Monte, which I'm familiar with) you can feel safe and neighborhoods are well maintained in some areas, more than others. The City of Duarte is renovating along Huntington Blvd.and this is the main public transportation hub. Please let me know if you would like my services when it's time to move.... more
Hi Teara, I have good and not so good news: you need a minimum credit score of 620 these days; however, you can buy with a min down of 3.5% with an FHA loan.
For tips on how to improve your credit see:
Start working with a Mortgage Broker immediately so your can get some free consultation on how to approach your credit score.
Best, Steve... more
Hi Crazy teacher!
Our last client just bought a REO property all cash...escrow closed in about 30 days. However, that being said, many other factors can effect the length of escrow.
Good luck on your new purchase!
LA Real Estate Group