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Damaged
Credit? That’s Ok, Buy Your Dream Home Anyway!
If, for whatever reason,
you don't fit into the banks small, square box
of credit approval...there are other creative
solutions out there!
The
Truth
Is...
Most people
are either afraid or unaware of
alternative options that exist to
buy a home, aside from traditional bank financing,
which requires a 5-20% down
payment and good credit...this site’s
aim is to crush that fear, and inform
the
uninformed!
If
you don’t
think that there are other safe, legal
ways to
purchase your dream house
without qualifying at the
bank and a high
down payment
(aside from using the
bank
of Mom and Dad
of course), consider this:
Rooms For Rent - Lethbridge
$475/Room with all utilities, cable, and internet included in this gorgeous 5 bed/2 bath house on west
side, only 5 mins from University! Spacious with a beautiful deck and
backyard with firepit. Looking for positive, fun, and focused roomates!
Available Sept 1, partially furnished. | |
Myths
About Home
Purchasing:
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Traditional
Bank Financing Must Be Used - WRONG!
•
Must Have
Good Credit - WRONG!
•
5-20% Down
Payment Required, Minimum - WRONG!
•
20% Down
Payment Required to Avoid CMHC Fees (which can be quite significant) - WRONG! •
There Are
No Other Ways To Purchase A House! - WRONG! These Are ALL WRONG!!! There Are Other Ways...
So How Can I
Buy a House?
Here's
a Good Starting Point, Have the Owner Be Your Bank!
Seller
Financing is
when the current
owner of the house acts as the bank for the buyer. They provide
financing to
the buyer based on the mutually agreed terms of purchase price, down
payment,
and monthly payments...and guess what, unlike assuming someone else’s
mortgage,
the buyer does not need to go to the bank to qualify! (This is how you
can
purchase a house with damaged credit; the owner is the only one
qualifying the
buyer...more on that later)
Advantage
to Seller Financing –NO Bank
Qualifying
Experience
the Pride
of Home Ownership
These terms all mean
the same thing...the buyer gives the seller an option fee (just like in
the
stock market) for the right to purchase their home within a given time
period,
typically 1-3 years. The buyer pays rent during this time, but locks in
the
purchase price with a minimal down payment/option fee...and they can
start
treating their house like a home!
Advantage
to Lease Options – Move into
your dream home now and save towards your down payment while
building or improving your credit
What
You
Can Expect To Find On Our Site:
•
How
Seller
Financing Works
•
How
Lease to Owns Work
•
Information On Our Buying
Programs Using:
•
Information On How
We Can Help You Build or Repair Your Credit
•
FAQ
on
How These “Non-Traditional Strategies” Work
•
Homes
For Sale On Seller Financing, Lease-Option, or for Cash
•
Helpful
Resources
For Buying a Home Including Links, Industry
Professionals, Recommended Books, and Our
Cashflow Social Nights
•
Why
We Do
What We Do – About Us
How
We Can
Help You Buy Your Dream Home
Tell Us What You Want! Contact
Us to
tell us exactly what your dream home is! We will then:
1.
Personally
call you within 2 business days of receiving your request.
2.
Personally
call you when we have a home that meets your criteria, so you have the
first
chance to look at it.
3.
Send out a
weekly newsletter of all new properties we have available, if you opt
in.
This is a no
obligation, free newsletter for you to subscribe to if you’re interested in
seeing
what we have available in the future! Houses will typically sell
quickly
because they are competitively priced, and we are very flexible in our
selling
options. We therefore strongly recommend that you input your
information if our
programs interest you, rather than check our site now and then, so that
you
don't miss out on any opportunities!
Also,
we
promise to never solicit you or send you any other junk, we
hate that stuff as much as you do! The newsletter will consist mainly
of our
new properties, as well as an occasional few ideas or referrals you may
find
relevant and
helpful.
We
sincerely
hope you can learn something from our website, and that it helps you
purchase
your own house in a time when banks have made it difficult for some to
do so.
Feel free to explore and learn all you can, as well as check out our
Homes For Sale. If we don’t have anything you like right now and you’re
interested in
our purchasing programs, be sure to sign up for our newsletter to get
our
weekly updated Homes
For Sale.
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