OK. So after hearing a coworker talk about buying a home and them having horrible credit I decided to do a search for financing for those with bad credit. I found a few people and put in a request for a loan. Well one called back and said I could get a loan! It has to be a rural place. And around $60,000 dollars for the payments I'd need. The interest would be a little higher than normal but I expected that since my credit isn't that great.
But, I found a place for $50,000 dollars that looks lovely. I put in a request to view it.
It's 3 bedroom, 1 bath. Eat in kitchen, Den and 3 acres.
It obviously needs work. But just maybe... we can do it.. and it's only 20 minutes from town. So that wouldn't be so bad.
We have also decided to go see a loan officer in town that helped my mom buy her place. We haven't saw him in years and I hear he's got some new lenders that may be able to help us. If he can find something with a lower interest rate that would be great too.
It's still early obviously.. But I have my hopes up that I can do this! I'm trying not to get too excited. I know they can still steal my thunder and I'll be all depressed. But I just can't help it... Can't gain if you don't take a chance.
But, I found a place for $50,000 dollars that looks lovely. I put in a request to view it.
It's 3 bedroom, 1 bath. Eat in kitchen, Den and 3 acres.
It obviously needs work. But just maybe... we can do it.. and it's only 20 minutes from town. So that wouldn't be so bad.
We have also decided to go see a loan officer in town that helped my mom buy her place. We haven't saw him in years and I hear he's got some new lenders that may be able to help us. If he can find something with a lower interest rate that would be great too.
It's still early obviously.. But I have my hopes up that I can do this! I'm trying not to get too excited. I know they can still steal my thunder and I'll be all depressed. But I just can't help it... Can't gain if you don't take a chance.
