I don't currently have one I am offering for sale this way but I would like to try and help you. Have a look at my website and fill out the buyer form. This will help me figure out what your requirements are, what you are looking for, and what you want to spend. From there I can contact you to get a better feel of what you are looking to accomplish in terms of a home.
I look forward to speaking with you.
"Giving You The Feeling of Home"
As everyone has said you most likely won't qualify for a mortgage with a 480 credit score. Most lenders require a minimum of 640 credit score. This is one of the reasons agents ask if you've been approved for a mortgage before showing you homes. With gas prices as high as they are we don't want to be driving around showing homes to someone that cannot qualify to buy. As others have said work on improving your FICO score. Find a loan officer you are comfortable with and let them help guide you.
Best of Luck,
Karen Paytas, GRI, CMS
Real Living Kee Realty
I'm sorry to have to tell you but you should be concentrating on imporving your FICO score. There is no point in looking at the home since you wouldn't qualify for a loan. The only way you can purchase at this time is on a land contract & I don't think that any homeowner will do that with that low of a score. You could also do lease with option to purchase. There are a lot of draw backs with that. I would reccommend that you speak with a mortgage person that is good with explaining credit & how to raise it. They will give you ideas & let you know about how long it should take. If you'd like a name for somone to do that, I can reccomend someone. Just go on my website & send me an email.
Wish you the best!!
Realtors do not get paid until they close on a property and we do not want to spend a lot of money on gas until they know that a potential client is qualified to purchase if they find a home. Your credit report should not have to be run more than once.
If you are in need of a good realtor, I would love to help you. I have been a full time agent for the past 10 years with experience in either getting the best price for my seller or negotiating the best price for my buyer. If your credit score is 480 I don't believe that there is a mortgage program for you right now but a mortgage rep could help you get your credit score up so that you could qualify.
Real Estate One
There are reasons we follow certain procedures, it's to protect your interests and ours.