HELLOOOOOO…. MY Wonderful, Beautiful, Wet and Cold Bay Area!!… Today we have a Q and A for you… check it out… (Send me your questions anytime…)
QUESTION… In today’s environment (February 2011) can one purchase a home with 10% down, credit score of 740, $200,000 income and a short sale in 2009?
Asked by Donsfan – Home Buyer in Oakland – Home Buying
ANSWER… Hello… As you must know the current market is not exactly a wonderful one to be in… one would think its very much to the advantage of the buyers to be able to buy lower than ever before… because of all the challenges in the lending process these days and because of all of its ever changing requirements it can be a huge headache to maneuver through… I suggest that you connect up with a realtor who has some years of experience to counsel and guide you through what can and cannot be done… Good Luck to you… Isi
- How first-time buyers can get on the property ladder (telegraph.co.uk)
- Short Sales, Foreclosure and Your Credit Score (creditscore.net)