Remove Bankruptcy Remove Finance Remove Marketing Remove VA loan
article thumbnail

Buying a House While in Chapter 13 Bankruptcy

Realty Biz

One of the frequently asked questions during today’s booming housing market is can I qualify for a mortgage during Chapter 13 Bankruptcy. Chapter 13 Bankruptcy is a court-approved debt repayment plan where their debts are restructured over a period of three to five years. Mortgage Options During Chapter 13 Bankruptcy.

article thumbnail

Mortgages with Low Credit Scores - Your Guide to Affordable Home Financing

Realty Biz

By comparing loan options, understanding loan terms and interest rates, and exploring resources for mortgage comparison, you can find the right mortgage lender for your financial situation. Let's delve deeper into these topics to guide you towards an affordable home financing solution. Can you buy a house with bad credit?

Finance 97
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 Alternative Home Loan Options for People with Bad Credit

Rent, Buy & Sell

Great credit allows people to get the best interest rates on various types of loans. Bad credit is usually the result of late bill payments, bankruptcy, foreclosure and loan defaults. In this article, we review 3 alternative financing options for the home buyer that has bad credit. There are some drawback to VA loans.

Loans 98
article thumbnail

Different Mortgage Options Explained

Realty Biz

Conforming loans are the best of the two because they follow the rules and regulations set by the Federal Housing Finance Agency (FHFA). Non-conforming loans do not follow the FHFA stipulations and regulations. They are commonly offered if your credit is not superb or if you have had a hard hit in the past, such as a bankruptcy.

article thumbnail

Should You Consider Contract for Deed Financing in 2021?

C4D Crew

Worse, with COVID-19, a weakening stock market, an uncertain future, and post-election trauma, lenders are clinging to tight underwriting standards. If you have a low credit score combined with some serious recent credit dings, conventional financing could be very difficult to obtain. Don’t Leave Deals on the Table.

Finance 52
article thumbnail

Selling a House ‘As Is’ in North Carolina

HomeLight

Schaus did advise her client to contact a junk removal company to clear out the house, but that was the only preparation made before the house hit the market. “[The Average days on market for North Carolina. Your agent should also be willing to go the extra mile on marketing. Sell 'As Is' With a Cash Offer. 359,600 (April 2022).

As-is 87
article thumbnail

21 Dos and Don’ts When Buying a Home

HomeLight

Lenders will also want to know if you’ve ever declared bankruptcy or owned a house that went into foreclosure. Line up financing. It’s important to line up financing well in advance of when you want to start making offers. Some loan programs, such as those backed by the FHA , allow for a down payment as small as 3.5%