i am ready to take out my heloc. i got back my credit report and am currently disputing one transaction. should i wait until the dispute is resolved to apply? p.s. my credit scores are o.k. now. 627 641 701
Quote:
On 2005-03-10 01:32, brokenabacus wrote:
<<snip>>
does any one know the best route for me?
There is no best way. If you have a financial problem and talk to a bankrupcy attorney the best answer is always bankrupcy.
Finding a house to live in. It depends on how much work you are willing to do.
Since you are asking on a tax sale forum. One way, not the best mind you, is to get a list of properties going up for tax lien sale. Find the ones that have houses on them and contact the owners directly. You will be surprised at how many just want to get rid of problem properties. You need to check for other liens on the property.
I have sat in front of a house on my cell phone and bought it for $200. This was one month before it was to be sold at a deed sale. It had approx $850 in back taxes.
In Texas, buying a house is fairly easy. Find a good real estate agent and a good resourceful loan officer and they will guide you to completion. I do not know about your credit but if it is bad you can start repairing it now so that you may get thegoing interest rate 6-12 months from now. If you have been renting and making payments on time you may have good alternative credit. Talk to a loan officer in your area about this creative way of getting a loan.
Go to your local investor club and ask around
_________________
Ray Higdon<br>
[ Edited by joel on Date 04/02/2005 ]
www. experian . com
Quote:
On 2005-03-10 01:32, brokenabacus wrote:
<<snip>>
does any one know the best route for me?
There is no best way. If you have a financial problem and talk to a bankrupcy attorney the best answer is always bankrupcy.
Finding a house to live in. It depends on how much work you are willing to do.
Since you are asking on a tax sale forum. One way, not the best mind you, is to get a list of properties going up for tax lien sale. Find the ones that have houses on them and contact the owners directly. You will be surprised at how many just want to get rid of problem properties. You need to check for other liens on the property.
I have sat in front of a house on my cell phone and bought it for $200. This was one month before it was to be sold at a deed sale. It had approx $850 in back taxes.
Good luck,
Steve
In Texas, buying a house is fairly easy. Find a good real estate agent and a good resourceful loan officer and they will guide you to completion. I do not know about your credit but if it is bad you can start repairing it now so that you may get thegoing interest rate 6-12 months from now. If you have been renting and making payments on time you may have good alternative credit. Talk to a loan officer in your area about this creative way of getting a loan.