Of course they will have a preference for a tenant with good credit but landlords will also usually look at what is bringing down your score.
If you lost your home to a short sale or foreclosure but the rest of your credit shows that you were paying all your other bills on time that is different different than someone that wasn't paying their mortgage & wasn't paying their other bills either.
One good thing about your timing is that there are few tenants looking to move during the holidays so a landlord that has an empty unit will be more likely to consider you.... more
Keeping in touch with previous clients is a huge plus. Most of my business is referral based. This costs less than advertising and multiplies business. If you would like to chat about specifics, please let me know.
All the best,
Mello roos is collected with the proeprty taxes and so when you get a break down of the property tax information from the website, you can call the county and ask them to explain each asessment noted on that report. They can point out to you which ones are the melloroos as Mello roos assessments are normally known by other names and are not necessarily called a "mello-roos'. You can also ask to see a copy of the seller's property tax statement.. Though my office is in San Diego, I live and work in SW Riverside county myself and have also noticed that the newer the home (1990+) is in Murrieta, the more likely there is a Mello Roos.Good luck! Ellen Hayes... more
You know, I'm sympathetic to your plight - but the ultimate help is you repairing the issues with your credit. It might mean paying off debts, credit card balances, etc. In your situation, I think renting makes way more sense than buying. It will be less expensive to rent in a good neighborhood then it will be to buy.
If you insist on buying and truly have 'bad' credit, you are looking for a 'hard money lender.' The interest rate on these loans is extraordinarily high...
My best advice...go to a lender in your community. Go through the pre-approval process. Doing this will give you an idea of where you stand and which issues must be addressed before you qualify with a traditional lender.
Too many people have gotten in over their heads by buying when they couldn't handle it...Invest the cash that you have so it makes some money for you and get your credit issues repaired.,
Best of luck.... more
Hello Chris, You will need a minimum 620 for 25% down and minimum 660 for 20% down 2 years after a short sale. It only takes a few dozen questions to qualify you in minutes and go over your options and put together a game plan. I specialize in Under 640 Fico Score Loans and offer credit repair at no cost to raise fico scores to qualify. I can raise fico scores within 3-4 days in most cases. Here are some links to study and consider.
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
20+ Years Experience
9am till 9pm 7 days
Yes, you should be able to with that credit score. I also have two credit repair companies I have teamed up with, to help my clients get their credit score higher so they can get better interest rates.
Any questions call anytime 215-778-8228... more
Assuming that you are in escrow. You can send a notice to perform with a time frame. If buyer does not perform, you then cancel that escrow and the buyer's deposit could become yours. Or, released back to buyer. Hopefully your agent will have a back up offer that you can go to and start the process again. Check with your attorney to understand your real estate laws in Texas as law is different in each state.
PS. I'm a little confused as to why a home buyer is asking a seller oriented question. Email me to explain if you will at Michael.Garcia3367@yahoo.com... more
If you send me your email address, I will email you a comparative market analysis. Include in the email the amount you still owe so I can include a Seller's Net Proceeds sheet. (Shanna@RealtyBySR.com).
It is possible to purchase from out of state, we can do everything via internet these days. With Skype and Video you can see a property before purchase. I would go over every detail, just completed a transaction with an out of state client. You can call or email me for more information.
Weichert Realtors, Gold Coast
I have a great contact for you. Her name is Jennifer Remedios. She is great at her job, very knowledgeable and will be able to help. Good luck!
Jennifer Remedios, Mortgage Loan Originator
VITEK Mortgage Group
2580 Fair Oaks Blvd #20 | Sacramento CA 95825
b 916.486.6954 | c 916.616.9382 | eFax 916.484.0739... more
I can definitely relate to your frustrations of the current real estate market in Temecula as we are facing a similar lack of inventory in the entry level market here in San Jose. But what troubles me is that you say none of your offers have been accepted for over a year now. At least here in San Jose, and likely the majority of California’s housing markets, there was plenty an opportunity at the end of last year and the beginning of this year to grab some incredible deals.
It sounds to me that you might have disregarded have been unrealistic in your offers early on and are now finding that you are chasing the market as inventory is disappearing. You are not alone if you find this statement somewhat accurate, as there are many actively searching homebuyers that are figuring out that they cannot obtain homes for below list prices, even if they are all cash buyers.
There is also definitely no such thing as a “secretive market” but today’s purchase market can be especially daunting in the entry levels. Demand is fierce and homes do not last long on the market when they are competitively priced. Which by the way, banks are learning and so instruct listing agents to market their bank owned homes at below market prices in hopes of creating a multiple offer sale.
As a real estate professional in a similar market I would suggest that you start thinking about writing offers on short sale transactions which are sure to draw less interest than the more popular REO sales. Short sales can also offer greater values in exchange for patient buyers…since buyers may expect to wait as long as 3 to 4 months to receive the go ahead from the Seller’s lender.
I hope that you find better luck in the coming months and please continue to seek advice form your current agent who has been diligently assisting you for over a year now. I also think that you should discuss in depth your current purchase options in your market and come up with a plan to help you obtain your housing goals.
Brad Gill, Realtor (#01385310)
Eagle Properties Group, Your San Jose Real Estate Solution
Brad@EagleHomeGroup.com http://www.EagleHomeGroup.com... more
In advance, welcome to Murrieta!! I am sure you will enjoy the area, weather is great for about 10 months out of the year, and schools are great for the kids.
As for renting, I'm pretty sure I may have something that could fit your needs. Please send me at e mail and let me know what features you are looking for in your new home. I will do everything possible to help you find what you need.
E mail: firstname.lastname@example.org
Look forward in working with you
BRE # 01909209