How can you not afford to buy in this market? Bad credit but have good income? Let's make a plan that will help you restore your credit standing in 3 months or less.
Here are just a few reasons why buying now is better than not:
- Mortgage Interest Rates are Low!
- Great opportunity to find a home paying just as much or even less than your current monthly rent.
Ex: Did you know $750 per month can afford you a $100K home?
- Buying a home is forced savings! Why not pay yourself and build equity, instead of helping your landlord build equity?
- Purchase a home with a low down payment. You need as little as 3.5% of the purchase price of your new home.
Ex: $3500 needed to purchase a home for $100K and less if the home is priced lower!
- State Grant is available to those who qualify, which will help with closing costs.
- A full 6% seller's assist may be obtained, which can drastically reduce your closing costs.