i want to buy a house but i live in the UK but my wife lives in Pittsburgh can we buy a house but my wife has bad credit.

Asked by tijeboi, New Kensington, PA Tue Jan 1, 2013

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Tina Lam, Agent, San Jose, CA
Sat Apr 6, 2013
There are also local asset-based loan programs now that can lend you up to 50% with no credit needed. You should check into those.
Web Reference:  http://www.archershomes.com
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Marcy O'Mall…, , New Kensington, PA
Fri Apr 5, 2013
You should contact a Realtor in the Pittsburgh area to help you determine if you can qualify for a loan, and if so, the amount you can qualify for. If you don't qualify, then you will have provide proof of income that you can pay cash. Howard Hanna Real Estate Services provides these services "in house," so if you contact an agent, we can find out what you qualify for right away.
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Virginia Stu…, Agent, Irwin, PA
Wed Jan 2, 2013
Before making a decision to buy, talk to a reputable credit counselor. I recommend Advantage Consumer Credit Counseling Service: http://www.advantageccs.org. No sense in buying for cash, if a creditor will slap on a lien and foreclose. You also want to become a successful homeowner, not a homeowner in trouble. Also, browse for fillable Form RD 1944-3, a government household budget, at: http://forms.sc.egov.usda.gov/efcommon/eFileServices/eForms/… Fill it out completely and it will tell you what you can and cannot afford. When you are ready to buy, start with something that is affordable, but also in good shape and not needing a lot of repairs.
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Thanks for the advise. The information you gave me are very important and that is the information I have been looking for. Thanks onces again.
Flag Thu Jan 3, 2013
Kim Stawicki, Agent, Irwin, PA
Wed Jan 2, 2013
If you are not able to use cash as Michael suggested in the previous post, you will want to talk with a lender about a mortgage. You may want to try talking to US banks that have branches in the UK...they may be more open to an international purchase mortgage.
0 votes
Thanks for the reply and the advise.I will contact one of the bank in the USA that has a branch in the UK.
Flag Wed Jan 2, 2013
Michael Cheng, Agent, San Jose, CA
Tue Jan 1, 2013
Sure, in your situation, the best and most likely scenario is for you to buy a house for your wife in Pittsburgh with all cash. Given the low prices there, that's less of a hurdle than many other cities.
Web Reference:  http://www.archershomes.com
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