- Find a Real Estate Professional
- Realtors®
- Mortgage Lenders
- Home Improvement Pros
- Other Real Estate Services
- Review an Agent, Lender or Pro
- Marketing on Zillow
- Real Estate Agent Advertising
- Join the Professional Directory
- Popular
- Real Estate Market Reports
- More
Answers (5)
- Gus Pishue, "Gus Pishue"
- Contributions:68
Cassie,
Since he has already been pre-approved he is moving in the right direction. I do not see why he shouldn't attempt to buy this house, but I would recommend contacting a local real estate agent to work on your behalf in the negotiating and closing processes. Good Luck in your endeavors.
Since he has already been pre-approved he is moving in the right direction. I do not see why he shouldn't attempt to buy this house, but I would recommend contacting a local real estate agent to work on your behalf in the negotiating and closing processes. Good Luck in your endeavors.
- Brian Teyssier, "Brian Teyssier GRI"
- Contributions:964
Cassie, thanks for your question. I am in Pittsburgh and recommend speaking to a local Realtor to help you out. They do not cost you any money and will actually get you a better deal than you could. If you need a recommendation, I can help.
Good luck and hope this helps.
Good luck and hope this helps.
- Alick Cutrona, "Alick"
- Contributions:47
Hi Cassie
You have already taken the most important step by your boy friend getting prequalified for a loan. With that in mind, I would suggest you find a good local Realtor to reprsent you as a buyers agent, if you have not already done so, He or She can walk you through the process of the purchase and assit you in making a good decision to buy this one or move on to another.
Hope this helps
You have already taken the most important step by your boy friend getting prequalified for a loan. With that in mind, I would suggest you find a good local Realtor to reprsent you as a buyers agent, if you have not already done so, He or She can walk you through the process of the purchase and assit you in making a good decision to buy this one or move on to another.
Hope this helps
- Dan, "the_country_hick"
- Contributions:4693
Cassie, your boyfriend can probably buy a house. You can not buy a house as you have no income and could not qualify for a loan.
The reason I say he probably could is he has to have a credit score of 640 for most lenders and a good debt to income ratios. Then he needs a down payment. Assuming he has all of that in place he should be able to get a loan for that small an amount. You could ask a local bank or credit union to see what he can do for a loan. For such a small amount a credit union may be your best choice.
The links below may be of help.
This shows the basic house buying process.
"Its your first home and you are looking for something but are not sure where to start to look or about loans."
Some things to consider you might not have thought of before.
"What should I watch out for when choosing a home to buy so that I don't jump into a money pit?"
"Questions I would ask when purchasing any property."
The reason I say he probably could is he has to have a credit score of 640 for most lenders and a good debt to income ratios. Then he needs a down payment. Assuming he has all of that in place he should be able to get a loan for that small an amount. You could ask a local bank or credit union to see what he can do for a loan. For such a small amount a credit union may be your best choice.
The links below may be of help.
This shows the basic house buying process.
"Its your first home and you are looking for something but are not sure where to start to look or about loans."
Some things to consider you might not have thought of before.
"What should I watch out for when choosing a home to buy so that I don't jump into a money pit?"
"Questions I would ask when purchasing any property."
- cassiewtf
- Contributions:2
I would also like to add, that he has been pre-approved for the loan.
Buying our first home
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.