How many times have you answered your phone and heard the voice on the other side say just that. Or something like I am tired of wasting my money renting? My first question is always where are you looking and what price range. Then I ask if they are pre-approved for a loan. No, my credit isn't very good. Well how bad is it?
Any way after all this I give them a couple of numbers of mortgage brokers to call and see what is their credit score. As you expect it is usually poor, very little to put down,etc. The mortgage broker and I give them some ways to improve their score over time. They say OK thank you.
Well about three months later I will call them back and ask them if they implemented any of our suggestions. The response is always no, I haven't had time or something like this. Excuse me. Do you want me to buy the home for you? Do you want it for free? I really can't help people who won't help themselves first.
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