Shaheeda, i had fill application for a fiancé company call Capitol finance they charge 65 dollars for a credit report. I got pre approve for 342.00. I sign a contart with an agent for a new construction. But come to find out she said price was wrong it was 364.000 and also said house was sold after I feel out contract. I was very dissatisfied. Can I trust this agent?? I was going to pay 3.5 FHA LOAN for down payment and seller was going to pay 10.000 incentive. But I still had to pay more closing? Please give me adice can I trust her?
😂At this point I think I have watched so many of your pre recorded lives… Whewwwww you are so knowledgeable and upfront about pros and cons… I learn so much from you (I’m sure you get that all the time )… now to watch the Veterans Day episode😂… Thank youuuuuuu!!!
Atlanta Notes: 1. Get pre-approved Credit report is 0-3pts Got to credit union or bank 2. Save 7% of your salary or do the math to find out how much you need to put down. 3. Research to find out what down payment programs are available in your state.
Love listing to you Shaheedah way over here in California!! You are a wealth of knowledge and I’ve truly learned so much from listening to you and look forward to your lives.
@@chimmyj291 Yes it is possible. I was pre-approved as well but not for the amount I need/want. It's hard to get approved for a decent amount of house when on one income, and that income is below 60k. I guess that's what I meant to say lol. But I'm looking for ways to earn additional income. Thanks for the encouragement!🤗
Yes, it is more difficult. Be encourgaged set the goal of homeownership and make it happen😊 ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-W9PEaSvFxiQ.html
I’m credit rich and money poor, my FICO is over 800 and I have over 5k in my 401k towards my home. Is that acceptable to start looking? I will be using a first time homebuyers program in New Mexico…
You don't have to have any money saved to get approved but you will have to have the money by closing. I would not wipe out my 401K to buy, but you can look into DPA programs in your state and save some additional money - Watch this video: ru-vid.comcpewL4OlpjQ?feature=share
Yes! Speaking with a lender first to see where you are credit wise helps a lot . That’s what I did and now I’m working on my credit so that I can buy a home next year 2024
When during the home buying process, should we mention the first-time homebuyers assistance program? When we are getting approved by the lender or apply before you go see a lender for pre-approval?
Hi, my landlord has out an eviction on my nabe even though I paid my rent, and it was late but, I paid it up and she seemed to be vindictive even with the sheriff standing there telling her she is wrong and shouldn’t enforce the eviction. Several other issues now are posed and my daughter and I have been force to live at a hotel and can’t apply for a new place to live. How will this affect my trying to get a home of our own because, we stayed at this place to try to show we were close to having a down payment to put down on a home, but because of the eviction we had to use that money to stay off the street. Any help or advice, shaheedah? Patricia and Kamryn, we love you desire to help others, thank you!
An eviction will hurt your credit for sure, is the eviction definitely on your credit? If it is you can try to dispute it and hope that your landlord does not respond. If it stays on there, begin to pay your bills on-time and your credit will rebound overtime. @patricialmoore558 Thank you for watching
The only way your gonna get 100,000$ house is a modular home which I’m not discrediting them there are some beautiful modular homes but some are as expensive as a regular home and the problem is is finding a place to put it if u don’t have land of ur own looking for zoning areas ect. And now it’s so hard to get anything because everything is so high especially up north and the south is gettin crazy too but u do get more bang for your buck
Good evening shaheedah , thanks for all the info. I am looking to buy a house in California. I haven't done anything yet , should I try to get pre approved first? And if yes, is it better to try get a loan with the bank or another lender to get the first time home buyer assistance?
It depends on how soon you want to buy, I would be researching DPA programs in my state as well as getting approved to see where I stand. Thank you for watching. I have an entire DPA playlist...watch the FAQ video.
Shaheeda what is your opinion on purchasing a home via a delinquent tax deed? I'm thinking of purchasing my deceased grandmother's home this way. It would only be a $6k investment for me.
It is good, but the heirs will still have time to pay off the tax lien in most states to regain the property. So worse case you gain some interest, best case you will own th ehome in the future.
To get the inflation down. People are shopping too much which means that the demand for things are high. Which means everything is high because of the demand.
@Doneesha is correct. They want to reduce demand to bring prices down. Here is a more detailed video on rates - ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-lNeTZg3nXbE.html
It may be higher since you are borrowing more money than if you used a loan that required a down payment. But interest rates matter as well. You can compare USDA to FHA and conventional options.
