Don’t when buying a home

Don’t when buying a home!  So you are in the process of buying a home.  You’re pre-approved.  Then you are ready to close on the deal and the bank denies your loan.  Why?  Many new homeowners get excited while in the process and decide to make big purchases.  Before you buy that new car or new furniture, reconsider.  If you buy anything during the process of buying the home you can drastically change your debt to income ratio.  Today you may have quailified for the home and tomorrow you buy a house full of furniture on credt.  By doing this you’ve just  changed your purchase power.  So, again, wait before going on a buying spree.

Rent with an option to purchase/Buy! Have you ever considered it?

In today’s real estate market many new home buyers are finding it more difficult to purchase a home.  Your credit score is what determines whether or not you are qualified to purchase.  If you are quailifed you then need a downpayment.  But what if you are credit challenged and lack a downpayment?  Well you have options.  Consider renting to own.  There are many homes on the market that are just sitting waiting for buyers just like you.  Sellers are willing to finance the home for you.  Didn’t think it was possible, well it is!   Never give up on the dream to own a home.   With the proper planning you to can own a home.  So now that you know that this option is available, what do you do next?  Ask me and I’ll help you get on your way to home ownership.