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Home Buying in Santa Fe : Real Estate Advice

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  • Home Buying5
  • Home Selling0
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Activity 4
Thu Apr 24, 2014
Annette Lawrence answered:
Have your agent find you a home that is really for sale.
Or wait until this home is listed by your or another REALTOR.
The most reliable road to success if made by those who really know what they are doing.
The seller does not know what they are doing. They fell into an investor trap. Exercise care and verify everything.

Your agent is the resource to whom you should turn. Your agent can review the existing contract, for a fee, and determine what can be done next. You are not at a dead end.
... more
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Sun Mar 9, 2014
Tim Moore answered:
Once foreclosed it is usually bought by the bank so it is now a bank owned home. There is no difference in buying from a bank rather than Mr Mrs Jones except the property can be in need of some repairs and you are dealing with a stone cold slow to answer seller. Banks often require a 7-10 day inspection period and to close in 30 days so you can't dilly-dally. ... more
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Mon Aug 9, 2010
Robin Silverberg answered:
What you should not have done was close your credit cards, but i don't think you will be able to open them again. Eventually, if you have 3 student loans that are being paid on time, and you have 2 car loans that you are still paying on, your scores should go up. Each account has to be paid on time every month. If you have any open credit cards, use them for a $10 charge and pay the bill immediately when you get it. This will help raise your scores. ... more
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Mon Feb 8, 2010
Tommy Burris answered:
Very few lenders go below 620. Many already at 640.
If you can pay down the revolving debt, you might get a little score bump.

Tom Burris
Mortgage Banker
DallasLoanGuy.com
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