We have Lenders who specialize in Credit Repair, rather than wait and not know exactly what needs to be repaired and what doesn't you should call me and I will recommend someone for you
I can be reached at 202-421-5789
I am a real estate broker and I will attempt to answer this objectively in my area of expertise; I will leave the financing part of your question to the lenders.
This is an age old question and many factors can lead you in one direction or another. So I would evaluate how long you think you may want to live in the area you currently reside. If you are a person who relocates every few tears, it may make sense to rent versus buy.
Sometimes renting may be cheaper than the total costs associated with home ownership such as property taxes, certain maintenance and repair costs. Buying a home could require a significant down payment (3.5% - 20% of the purchase price) that you would not need with renting.
There are transaction costs associated with buying and selling real estate. Buying a home could cost you 6% - 8% of the purchase price in down payment and closing costs and another 6% - 10% when it is time to sell. Also real estate is highly il-liquid: It typically takes 45-120 days to sell a property in a normal market. Any real estate professional can provide you data on how long the average home sells in a particular area.
Now I have made money buying and selling real estate. It can make sense for some people in some areas but it not a surefire guaranteed investment. You definitely want to weigh all options and understand what type of lifestyle you desire and what type of flexibility you want before you make the step either way.
If you have further questions, or wish to discuss this further, feel free to reach me at (202) 251-7056 or email at email@example.com
I am a REALTOR that started in mortgage first and have first hand knowledge for your answer. It is so much better to purchase right now since home prices and rates are more affordable. Rents are higher than a mortgages these days. You should certainly attempt to get prequalified for a mortgage before you decide to rent as your only option. I work with a fantastic loan officer who can assist you in not only your preapproval, but also help boost your scores with some suggested strategies to payoff or down certain creditors. You can view Tammi Lewis's info on my site http://www.findhousesdcmetro.com/mortgage-contacts.asp
Ariana Loucas, RE/MAX
You owe to yourself to explore the option of becoming a home owner as ther eare numerous programs available for first time home buyers. You should consult a Mortgage lender for an analysis
of your present financial ability to buy......you just might be glad you did.
RE/MAX Realty Group
Interest rates are still low , It would depend on your own personal needs. I would be happy to assist you in the rental or homeownership process.You may also want to speak with a lender to guide you in the necessary steps to purchase if that is the route you so choose.
301 237 0445
It depends on how comfortable you feel with either purchasing or rent. if you have a credit score of 640 you would be eligible for FHA loan.
if you would like to discuss it further give me a call or visit the site.