2007-03-16 09:26:16 · 5 answers · asked by Fruitful1 3 in Business & Finance ➔ Renting & Real Estate
before you house shop, go to a mortgage broker in your area..Look under "mortgage companies" in the yellow pages. Call them and ask to speak to a loan officer and let them know you are interested in purchasing a home and you would like to know what you qualify for. They will have to pull your credit and discuss your income for a good qualification and at that time- they can probably refer you to a real estate agent if you dont already have one. But you want to know what the bank will loan you before you house shop. If you are in the state of Texas i would be happy to help you- if your not I will still guide you in the right direction. shoptillyoudrop101@yahoo.com.....
I want to add, paying off any debts- DONT...only pay your regular bills. I am not saying dont stop paying them but dont pay any collections or charge offs as it may drop your credit score showing a DLA (date last activity) on that account. like i said, speak to a mortgage professional first. as they can steer you in teh right direction.
2007-03-16 10:13:20 · answer #1 · answered by Shawnaj 3 · 0⤊ 0⤋
talk to a mortgage lender about your credit score and what you qualify for. They can also give you tips on how to get your score up, if its low.
then go talk to a Realtor about what you can get for your money. look for good deals since there are so many houses on the market (in most markets, at least).
good luck!
2007-03-16 16:37:13 · answer #2 · answered by real_estate_barbie 3 · 0⤊ 1⤋
read tips on real estate, mortgages, loans and much more on this site
2007-03-16 16:41:30 · answer #3 · answered by tuff luv 3 · 0⤊ 1⤋
Good credit :) to start.
2007-03-16 16:44:18 · answer #4 · answered by Princess AJ 3 · 0⤊ 0⤋
cash?
2007-03-16 16:30:22 · answer #5 · answered by Anonymous · 0⤊ 1⤋