It depends on the type of loan you are going to use and the length of time on his BK, I am in the office most of the day if you need this answered in detail, my direct line is 753-4127, good luck,
NMLS # 6395
Financing Kentucky One Home at a Time... more
This house appears as a rent to own at http://www.americanlisted.com/kentucky_17/houses_28/a_must_see_motivated_sellers_4301_seagrape_road_40299_16702733.html.
The site states that the ad was posted more than 2 months ago. There is a button to click on for interested parties to make inquiries. I suggest you do that. This property was last listed on the MLS in 2011 for 151 days. The asking price was $164,000 when the listing was cancelled.
I don't see where it's bad for a family with kids. However, judging by what's for sale in that area, I don't see any huge price advantage than other places in the county that might have even more amenities for a family.
Call me if you'd like to talk more about what you are looking for, 396-8195.... more
Have you ever thought what kind of credit score it takes to buy a home in Kentucky in 2013. I have supplied some examples below for Kentucky First Time Home Buyers so they can arm themselves with some knowledge and feel comfortable and confident when they take that step to get pre-approved to buy a Home in Kentucky
Interested in understanding how far a credit score can drop with late payments, foreclosure, short sale activity or bankruptcy?
This should give you an idea:
30 days late: 40 â€“ 110 points
90 days late: 70 â€“ 135 points
Foreclosure, short sale or deed-in-lieu: 85 â€“ 160 points
Bankruptcy: 130 â€“ 240 points
To come to these figures, Fair Isaac created two hypothetical consumers, one who starts out with a fair-to-middling score of 680 and the other with a very good one of 780. (FICO scores range from 300 to 850.)
The hypothetical person with the 780 FICO has 10 credit accounts versus six for the 680, plus a longer credit history, lower utilization of total credit limit and no missed payments on any account. The other consumer has two slightly damaged accounts. Neither have any accounts in collection or adverse public records.
Borrower #1 Borrower#2
680 780 Initial Score
620-640 670-690 30 Day Delinquency
595-610 645-665 90 Day Delinquency
575-595 620-640 Foreclosure Short Sale
530-550 540-560 Bankruptcy
Source: Fair Isaac Corp.
640 is the bottom score (again with few exceptions) that Kentucky Mortgage lenders will permit. Below a 640, then youâ€™re in a world of hurt. Even at 640, people consider you a higher risk that other folks and are going to penalize you or your borrower with a more expensive loan. 720 is when you really start to get in the â€œas a lender we love youâ€ credit score. 740 is even better. Watch your credit!!!!! Check out my post:
Home > Credit Report Tips, Credit Reports, Credit Score First Time Home Buyer Louisville Kentucky KHC, Credit Score Raising it, Credit Scores, Credit Scoresrequired for KHC, Fico Score >
Kentucky Mortgage Loan Approval Credit Requirements for 2013... more
No. I have never heard of a seller rescinding a sale once closing has taken place. Unless there has been some kind of fraud I can't imagine how that could be accomplished. You may want to discuss your situation with an attorney, however, just to be sure, but I really don't see how.... more
Hi Deniel, I can set up an automatic search for you that will highlight the areas you want. Are you working with an agent? If not, meet me at my office to customize your search. I can make your home buying process effective and fun!
Mary Beth VanMeter
Weichert Realtors- ABG Properties
That is a question best answered after a few other questions. What price would you like to be in? How far from work do you want to be? How far are you willing to drive to get to places you want to be? There are several great neighborhoods in Louisville, KY and surrounding areas so 1st we would need the answers to a few questions and then we can get you to where you will love to live. Contact me or visit my website. Noel (502) 338 -7145 or ( www.louisvillemlssearch.net )... more
I can help you with a lease purchase option as well as answer any other questions or concerns you may have. Please feel free to contact me directly at 502-500-7003 or you can email me at email@example.com.
I look forward to hearing from you soon!... more
There is no answer that is correct. Every home is different and has different issues. If you are not working with a realtor and want to email me the address I will have a look at it. If you are working with a realtor talk to them about your concerns. If you do not have a realtor or some one versed on this subject I strongly suggest you get one. In almost all cases in this area the seller pays the realtors commission.