Buying House W/ Challenged Credit W/ Tax Incentive

My husband and I are right there with you....but i can tell you, GOOD LUCK!!! there will be people who tell you they can help you, they've done the same thing to us, but in all actuality, if you have bad credit, make sure you have a good $5,000 to put down on a house or there's nothing anyone will do to work with you, or even bother to give you their time. It sucks. We're so frustrated over no one giving us a shot but it's just the way it is right now unfortunately. If you find someone that can actually help you....let me know!! hehe. Hope this helps.

We just bought our first house over the summer and we have high fair to low good credit scores. Many lenders now require you to pay the 3.5% down payment, provide the last 2 months of bank statements, last couple months worth of paycheck stubs, letters from your utility companies saying there have been no late payments on your accounts, and written statements providing explanations for anything negative on your credit report or bank statements. I hope that helps! You can also amend your tax return from last year and get your tax credit early. We did that in August and just received it this week! :-)

Our Realtor was awesome. He's very experienced and not high pressure. He was great with negotiating closing costs (the seller covered closing!), repairs on the home we purchased, and a home warranty. We will use him in the future! His name is Chuck Briant # ###-###-####

Good luck and happy house hunting!

M., I'd call my favorite Realtor, Bettina Sastoque. I know she was mentioning working with several people in your situation. She would know exactly how to go about the loan taken care of. She can also just help answer any questions you have, and is just a great great person. I love Realtors who are just passionate about what they do, and work hard for people. She definitely does. Her phone # is ###-###-#### and e-mail is ____@____.com.

i used to work for a mortgage broker. you can apply at www.winningmortgagesolutions.com and if your score is not good enough he can refer you to omega credit repair. I have been working with them for 2 months and my score is now where it needs to be. so its just a matter of saving some more money for the down payment and i am a homeowner..