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77489 : Real Estate Advice

  • All5
  • Local Info0
  • Home Buying3
  • Home Selling0
  • Market Conditions0

Activity 3
Tue Jan 10, 2017
John Burke answered:
Hi Ever7884,

It's possible that you would qualify for an FHA or VA mortgage with your score but it depends on how high your DTI (debt to income ratio) is & why.
For example: Do you have un-reimbursed employee expenses or additional write offs that reduce your gross monthly income or are your just carrying too much debt?

The only way to find out is to apply with a lender (like me) to find out what your options are.

Take a look at the recommendations from some of my past clients on my Trulia profile by clicking the link below my phone number.

Please feel free to contact me for more information or help.

John Burke
Senior Mortgage Banker
Lending in ALL 50 states
Great Plains National Bank
Apply Online:
NMLS# 787231
... more
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Mon Apr 11, 2016
Kevan Pewitt answered:
If you house has been posted for foreclosure at auction, you would have to show at the foreclosure auction at the county courthouse with cash or cashier's check and bid against the lender for the property. Most home buyers would prefer not to do this. If the house has already been foreclosed on by the lender, you will need to wait until it is listed for sale. Once the home is listed for sale, it will be handled as what is called an REO sale. The timelines are then determined by the title company and your lender processing the sale. If you are paying cash, you could close in as little two weeks. If you use financing, it could take anywhere from 30 days to 60 days to close. You can get more information on purchasing foreclosures in the Houston area here: ... more
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Wed Nov 21, 2012
Anthony Taylor answered:
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