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Foreclosure in 33415 : Real Estate Advice

  • All19
  • Local Info3
  • Home Buying11
  • Home Selling0
  • Market Conditions0

Activity 2
Sat Aug 24, 2013
Bob Brubaker answered:
Qdessa - Buying or renting is never just as easy as a Credit score! Owners,
Lenders, and Managers are interested in credentials which
show Stability ! Income, Job and Resident history, debts as well
as Savings are all seen as important too.!
In short- credit scores in 600's or better would be the norm to
start. But ,one's score would be one of a number of considerations.
as to what you could look to buy or rent!

For both Renting and Buying one Large determinant is Debt
to Income in Buying, and Rent to income ratio for renting!
Best to get feed-back after a consult with a Realtor familiar
with options and then Pre-qualification from a Lender. Contact
me directly for more on this ..Glad to help !

Bob Brubaker Highlight Realty Palm Beach County Fl. 561-876-6649
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Wed Nov 2, 2011
Alma Kee answered:
Probably difficult if you cannot close within 45 days. On REOs you're usually competing with mutliple offers and they'll select the highest and best. A closing date beyond 45 days is tough. The ones that don't sell quickly are in ugly or functionally bad condition so probably not eligible for NSP money anyway.

Of course Short Sales are out... a buyer must be able to close within 45 days... and the NSP money usually requires a property to be in good condition and depending on the county may even require a full size refrigerator. Many short sale owners strip the house of appliances of light fixtures.

It will make your search fairly easy... only regular sales.

All the best,
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