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Aniee, DON'T Get Your Gun!!

By
Real Estate Broker/Owner with Real World Properties, Inc.| Your Real Estate Consultant for Life

I met Aniee last year--she called on one of my listings, looking for something she could purchase as a lease-option.  I could tell right away she was a 'can-do' kind of a person, her enthusiasm and sparkle (yes, I said sparkle!) virtually crackles right through the phone when she's happy.

Today she's not so happy--after over a year of painstakingly cleaning up a few minor credit issues, paying some things down or off, applying for CDC down payment assistance and attending the classes, having several offers fall through becasue the houses would not pass FHA or CDC inspections, AND after waiting six months to get an answer on our last offer--a short sale...

after all that...

Now, her mortgage broker says the only way she can get a loan is by coming up with 3.5% down on the house--the requirement for any FHA loan, one which she was told would not be necessary with the down payment assistance she's getting from the City of Largo. 

Aniee is a single mom, she's raising two kids by holding down two jobs while she also cares for her elderly father who was diagnosed with cancer this year--on top of everything else, she runs back and forth to his house to make sure he's eating, taking his meds, doing his laundry, and taking him for chemo treatments.  One of the primary purposes of buying this house is to consolidate the two households so that she can better care for him without impacting her children.

I don't know about you, but to me Aniee is one person who deserves a little help, and deserves to own her own home.  However, she has used all of her resources to pay down debts and no longer has the money available for the down payment she didn;t think she needed.

I'm not sure yet how this will turn out, but if there's anything I can figure out to help her with this, I will.  Anybody else have any ideas?

 

Comments(5)

Linda K. Mayer
License # 01767321 - La Verne, CA
Realtor, SRES, SoCAL, A REALTOR YOU CAN TRUST

Loretta, I wish I had an idea.  She definitely deserves to have a home. Keep us posted as to the outcome!

Jul 29, 2009 07:12 AM
Loretta Buckner
Real World Properties, Inc.| Your Real Estate Consultant for Life - Palm Harbor, FL
Your GREEN Real Estate Consultant For Life!

Thanks Linda!  We are working on it...our last conversation I told her that maybe this is an opportunity, not a punishment, and she said (knocking on the wall) "Hear that?  That's OPPORTUNITY!"  ;^)

At least we have a sense of humor...

Jul 29, 2009 07:15 AM
Loretta Buckner
Real World Properties, Inc.| Your Real Estate Consultant for Life - Palm Harbor, FL
Your GREEN Real Estate Consultant For Life!

an update:  we are re-running everything with a new lender--keep fingers crossed and positive thoughts flowing!!

Jul 31, 2009 04:46 AM
ASHEVILLE REALTY REFERRAL RESOURCE 828-776-0779
REAL ESTATE REFERRAL NETWORK - Asheville, NC
CONTACT janeAnne365@gmail.com

Loretta~

We have been trying to do a little "R&P" (rub and polish our minds against the creative inspirations of others...) Both Deb Hurt and Joan W. had ideas...we will try to think of some for Aniee...

In the meantime...for sure, she might want to try a HUD -Approved FREE Credit Counseling Agency...they may be able to intervene for her...

Aug 07, 2009 12:56 AM
Loretta Buckner
Real World Properties, Inc.| Your Real Estate Consultant for Life - Palm Harbor, FL
Your GREEN Real Estate Consultant For Life!

janeAnne, you are just an angel--I love the "R&P"!!

Right now it's not looking great--she's completely demoralized, to get within days of a closing we worked SEVEN MONTHS on, to have this happen at the last moment is just such a huge blow.  I will check into credit counseling agencies--her lender was supposed to have been helping with that--it's one of the reasons she went with them.

Aug 07, 2009 01:45 AM