Katy Real Estate News - Buying a home in Texas with Little or No Money Down or Bad Credit

By
Real Estate Broker/Owner with See TIM Sell @ Keller Williams

Katy Real Estate News - Buying a home in Texas with Little or No Money Down or Bad Credit

 By Katy Realtor - Tim Sojka (shop for a home online at www.Search-Katy-Homes.com )

People ask if you can buy a home today with no money down and bad credit.  The answer is yes and no.

If you have little to no money but good credit, you may be able to get approved by a lender.  Or you may find a seller who is willing to finance for you.

If you have bad credit it is very hard to get approved but again seller financing may be an option.  However, you will need some money down to buy yourself some credibility.

So you can have no money down or bad credit - but both are a lethal combination.  We can help home buyers in Katy, west Houston and Cypress Texas find a home using seller financing.  Simply give Tim a call at the number below.

Seller financing just may be an option for you.

If you would like more information on the neighborhood or to arrange a tour call Tim at 713-822-2152 or shop for a heritage grand home online at www.Search-Katy-Homes.com

For more information about Katy Texas or the beautiful new homes within the confines contact realtor Tim Sojka at 713-822-2152. To shop for a home online go to www.Search-Katy-Homes.com . To find out the value of your home go to www.seetimsell.com  

All information posted is the intellectual property of Timothy Sojka and cannot be republished or used without his written consent

Comments (2)

Claudia Efthimos
Signature Homes & Estates - Morgan Hill, CA
GRI,SFR,ASP,SRES

This sounds like the exact type of financing that got us into the mortgage mess. If you have little money & bad credit, you have no business buying a home. Save your money, repair your credit & don't let your home end up on the courthouse steps.

Sep 28, 2008 07:16 AM
Harold "Hal" Place
A1 Connection Realty, Inc. - Sun City Center, FL

Hi Tim,

YOur post may be great news for those in the yough shape you have addressed. I shutter to think that lenders, including owner financing, would continue to entertain a product of this nature after what has come to pass.

Sep 28, 2008 12:24 PM