Creative buying strategies have long been the domain of real estate investors, but consumers with credit challenges, including even bankruptcy or foreclosure, can use these same strategies to purchase a home and avoid waiting years for credit scores to improve. There are lots of ways to buy a home creatively, that allow you to avoid qualifying for a traditional mortgage
Financing Your Next Home Purchase Without Credit or Qualifying – Part 3
Read part three of our multi-series exploring new and creative ideas for financing your home purchase, that could get you out of a spot even if you’ve recently been through a foreclosure or short sale.
Lease Options to the Rescue
When sellers give up hope of ever getting their money out of a property, getting them to list a property can be almost impossible. The same is true for marginal buyers who cannot pass stringent credit or down payment stipulations. A lease option agreement is one possible way for the two ends to meet. Putting buyer and seller into a lease option is another task a qualified Realtor can excel at.