Looking for a home?

[Real Estate Forum]

Start a thread and let us know the details.

[kevin]

Many banks out there such as BOA, Wells Fargo, World Savings offer very competitve home loans but the catch is that they deal with "A" paper. "A" paper is usually defined as having a credit score of 620-660+. So what about those who have low FICO scores?

Most people with low credit scores are subjected to shopping for a lender/broker to get a decent rate these days. The mortgage industry does require customers to have a minimum score of 500 to even qualify for a loan. Those with scores lower than 500 are led to believe that no loans/programs exsist but in reality there are ways to boost credit scores above 500 in many cases. There are certain incorrections on many credit reports that can be corrected with a very insightful analysis

[Shimmer]

we are looking home for my father in law 3/2 around new tampa area, around 1200 sqft. 120-165, no need big backyards.
thanks for all help

[Shimmer]

please help otherwise they will stay with us, thanks :(

[kevin]

Are you looking for a realtor or financing? Unsure of which but either way I can help!

[nancyarora2020]

A few years ago, owning a home was a mere dream for many. But recently, a handful of benefits like tax sops and cheap loans have been a blessing for millions of Indians who are now seeing that dream turn to a reality. In fact more people are buying homes now than ever before and they are buying it very early on in life. Start by thinking about your situation. Are you ready to buy a home? How much can you afford in a monthly mortgage payment (see Question 4 for help)? How much space do you need? What areas of town do you like? After you answer these questions, make a "To Do" list and start doing casual research. Talk to friends and family, drive through neighborhoods, and look in the "Homes" section of the newspaper.Owning a home has many benefits. When you make a mortgage payment, you are building equity. And that's an investment. Owning a home also qualifies you for tax breaks that assist you in dealing with your new financial responsibilities- like insurance, real estate taxes, and upkeep- which can be substantial. But given the freedom, stability, and security of owning your own home, they are worth it.Start by asking family and friends if they can recommend an agent. Compile a list of several agents and talk to each before choosing one. Look for an agent who listens well and understands your needs, and whose judgment you trust. The ideal agent knows the local area well and has resources and contacts to help you in your search. Overall, you want to choose an agent that makes you feel comfortable and can provide all the knowledge and services you need.