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Home Buying in 76137 : Real Estate Advice

  • All58
  • Local Info6
  • Home Buying32
  • Home Selling5
  • Market Conditions2

Activity 32
Thu Feb 18, 2016
jazzatm answered:
This is real advice.

1. Ask the bank if they give cash for keys and if so, the bank will decide on a date with you to move, if you want to move out.
2. Otherwise, file bankruptcy NOW. Some attorneys don't ask for money upfront and will provide you paperwork in less than a week to give to the foreclosing trustee to stop the trustee sale dead in its tracks for many months, even up to a year. The bank will eventually request to be removed from the BK stay to allow them to move forward with the foreclose months down the line, or your BK attorney can ask the bank if they are willing give you a modification if you are working and can pay, or voluntary deed in lieu or short sale if you can't pay. Essentially, the BK buys you time, and gives the banks a little more incentive to work it out with you.

I went thru this with the worst of the worst, Wells Fargo, and I am still in my home with GREAT terms now. Persistence is the key if you do not want to leave.
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0 votes 7 answers Share Flag
Thu Feb 19, 2015
Dan Tabit answered:
Le,
Here's how it works. You complete an application and fill in what you understand your income to be. You then submit paperwork including pay stubs and tax statements. The bank considers what you write, but they do their own calculations to determine how they view your income. Issues like recent raises, commission or bonus income may not be factored the same by the bank as by you or the average person. They also look at your debt, initially based on your application, but also your credit report.
Before you give up, verify they have all your income information and find out how they've calculated it and then ask about your debt. Sometimes an old debt on your credit report may show active, when it's been paid off long ago. When this is the case, you just have to prove the debt isn't valid, they remove it and your debt to income ratio may make sense and you'll get approved.
Best of luck, let us know how it turns out.
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0 votes 1 answer Share Flag
Wed Feb 4, 2015
The Jones Team answered:
Hi There!

I have some many homes in that zip code and I have a lender with a program that goes up to 80K for the yearly salary.

G
0 votes 15 answers Share Flag
Wed Feb 4, 2015
Jodi Hight answered:
Not sure if you've found the information you need, but I can help in two ways - 1) I can get you in touch with a local lender, and 2) I actually have a townhome for sale at the moment in North Fort Worth. If I can help you further, let me know! ... more
0 votes 2 answers Share Flag
Sun Jun 22, 2014
Susie Kay answered:
Talk to a lender, if you need one, call me at 469-371-2899.

Susie Kay, RealtorĀ® & Certified Stager
Residential, Commercial, Investment
------------------------------------------------------------------
United Real Estate
III Lincoln Centre, 5430 LBJ Freeway #280
Dallas, TX 78240
469-371-2899
susie_k@att.net
www.dfwdreamhomes.net

Servicing your real estate need is my priority!
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0 votes 3 answers Share Flag
Mon May 12, 2014
Dan Tabit answered:
Mckeet,
If your score was taken by a lender, they will know the answer. If you obtained this score on your own, it may not be what the lenders look at. Lenders look at the middle score of the reports they obtain directly from the reporting agencies.
0 down is a very limited option. The most common would be VA if you are an active duty or vet. USDA is another option for rural properties, and has both location and income restrictions.
Your best answer will come directly from a local licensed lender who has a complete application and full documentation.
The advantage of applying is not only to find out if you qualify now, but if you don't you'll know exactly what you need to do to qualify sooner. If you can't buy yet, the sooner you know why, the better chance you have of resolving whatever is in the way.
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0 votes 1 answer Share Flag
Fri Feb 21, 2014
Alecia Smith answered:
Hi Kady,

Absolutely you can purchase a home with no money down. As John Lyng mentioned in his post the NACA program is awesome and no one can beat their product. I have worked that program for many years and I have tons of references that went through the program. I have been a Realtor going on 14 years and I love working with first time homebuyers. For more information please feel free to contact me at your convenience.

Alecia Smith
William Davis Realty
214-274-6056
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0 votes 12 answers Share Flag
Thu Feb 6, 2014
Penny Adkerson answered:
As long as your debt to ratio is no not higher you should be okay what kind of pmt are you wanting.i can give you Agee lenders info call me 818-528-7606 I am a Acredired buyers rep and a TX afordable home specialist
Penny Adkerson
Winansbhg realty
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0 votes 19 answers Share Flag
Thu Feb 6, 2014
donnatupper answered:
REAL ESTATE ACQUISITIONS GROUP can help
We are looking for people who want to own a home but can't get approved for a loan because of bad credit or who show little to no income due to self-employment. Let me be clear, this is NOT a free-for-all on home buying. My company finds buyers who have the funds to support a mortgage payment but show very little income or have a poor credit score. We find homes for those looking, remodel the home to the buyer's wants/needs and put them in it. A 10% deposit is necessary to secure a home in your name. If you want to own your own home and have a stable, verifiable income that can support a monthly mortgage payment, we need to talk. Let us do the work for you and see if we can get you into your own home. Again, this is NOT a government sponsored program or a loophole in the system. We are an honest company helping those who cannot find funding in a traditional manner. Contact me and let's start examining your options!
www.hhafinancial.com
Donna T
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0 votes 6 answers Share Flag
Thu Feb 6, 2014
donnatupper answered:
REAL ESTATE ACQUISITIONS GROUP can help
We are looking for people who want to own a home but can't get approved for a loan because of bad credit or who show little to no income due to self-employment. Let me be clear, this is NOT a free-for-all on home buying. My company finds buyers who have the funds to support a mortgage payment but show very little income or have a poor credit score. We find homes for those looking, remodel the home to the buyer's wants/needs and put them in it. A 10% deposit is necessary to secure a home in your name. If you want to own your own home and have a stable, verifiable income that can support a monthly mortgage payment, we need to talk. Let us do the work for you and see if we can get you into your own home. Again, this is NOT a government sponsored program or a loophole in the system. We are an honest company helping those who cannot find funding in a traditional manner. Contact me and let's start examining your options!
www.hhafinancial.com
Donna T
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0 votes 10 answers Share Flag
Thu Feb 6, 2014
donnatupper answered:
REAL ESTATE ACQUISITIONS GROUP can help
We are looking for people who want to own a home but can't get approved for a loan because of bad credit or who show little to no income due to self-employment. Let me be clear, this is NOT a free-for-all on home buying. My company finds buyers who have the funds to support a mortgage payment but show very little income or have a poor credit score. We find homes for those looking, remodel the home to the buyer's wants/needs and put them in it. A 10% deposit is necessary to secure a home in your name. If you want to own your own home and have a stable, verifiable income that can support a monthly mortgage payment, we need to talk. Let us do the work for you and see if we can get you into your own home. Again, this is NOT a government sponsored program or a loophole in the system. We are an honest company helping those who cannot find funding in a traditional manner. Contact me and let's start examining your options!
www.hhafinancial.com
Donna T
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0 votes 1 answer Share Flag
Thu Feb 6, 2014
donnatupper answered:
REAL ESTATE ACQUISITIONS GROUP -
We are looking for people who want to own a home but can't get approved for a loan because of bad credit or who show little to no income due to self-employment. Let me be clear, this is NOT a free-for-all on home buying. My company finds buyers who have the funds to support a mortgage payment but show very little income or have a poor credit score. We find homes for those looking, remodel the home to the buyer's wants/needs and put them in it. A 10% deposit is necessary to secure a home in your name. If you want to own your own home and have a stable, verifiable income that can support a monthly mortgage payment, we need to talk. Let us do the work for you and see if we can get you into your own home. Again, this is NOT a government sponsored program or a loophole in the system. We are an honest company helping those who cannot find funding in a traditional manner. Contact me and let's start examining your options!
www.hhafinancial.com
Donna T
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0 votes 14 answers Share Flag
Thu Feb 6, 2014
donnatupper answered:
REAL ESTATE ACQUISITIONS GROUP -
We are looking for people who want to own a home but can't get approved for a loan because of bad credit or who show little to no income due to self-employment. Let me be clear, this is NOT a free-for-all on home buying. My company finds buyers who have the funds to support a mortgage payment but show very little income or have a poor credit score. We find homes for those looking, remodel the home to the buyer's wants/needs and put them in it. A 10% deposit is necessary to secure a home in your name. If you want to own your own home and have a stable, verifiable income that can support a monthly mortgage payment, we need to talk. Let us do the work for you and see if we can get you into your own home. Again, this is NOT a government sponsored program or a loophole in the system. We are an honest company helping those who cannot find funding in a traditional manner. Contact me and let's start examining your options!

www.hhafinancial.com
Donna T
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0 votes 8 answers Share Flag
Fri Dec 20, 2013
Bruce Lynn answered:
In many cases yes...because bankruptcy only delays foreclosure, doesn't stop it forever typically. Now you will have to go through bankruptcy court and decide if you want to keep and pay for home or if that is debt you don't want. You need to confer with your bankruptcy attorney.

Is there a potential we could sell or short sell the home?
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0 votes 3 answers Share Flag
Wed Aug 21, 2013
Don Groff answered:
Foreclosures are bank owned so you would have to contact the bank. Very low percentage you will have any luck with that.
0 votes 1 answer Share Flag
Mon Apr 29, 2013
Penny Adkerson answered:
My name is Penny Adkerson and I can get yo intouch with a lender that deals with many bond programs. Email me pyadkerson@att.net or 817-528-7706
Billie Gregory Realty
0 votes 1 answer Share Flag
Sun Feb 3, 2013
The United Home Team answered:
I hope you consulted with an attorney. I personally have seen banks postpone a sales date time and time again. Hopefully everything worked out.

Keller Williams Realty
3xUS Army Vet/ Real Estate Consultant
Joseph Fernandez
cell:817-975-7258
off: 817-635-1157
website: http://www.blissful-estates.com
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1 vote 2 answers Share Flag
Wed May 16, 2012
John Straub answered:
There are a few challanges in this as you know, the credit score and the short sale being the biggest challanges you face. Traditional financing is likely off the table right now. To buy you will need to find a private lender who will consider loaning personal monies. The downside with this type of financing is it is incredibly difficult to find and secure and the rate on such a loan will likely be sky high. Leasing is the strongest option while the credit scores increase and the short sale ages to at least 2 years. Shoot me an email and we can talk about it in more depth. john@dfwfamilyrealty.com ... more
0 votes 7 answers Share Flag
Mon Apr 30, 2012
Karen Lankford answered:
Is there a loan officer that specializes in the Family Opportunity Mortgage that I can speak with in South Carolina? I am in a very similar situation and am looking to purchase a small home for my father-in-law.

Thank you.
... more
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