Profile picture for user1385881

First Time buyer

Just got married and we are not sure where to start. We have down payment and can pull out at least $20-$30K down. We are a first time buyer. I filed bankrupty on 2010 but no foreclosure. both credti score are low around 580-620. Any recommendation. we don't know where to start. Thanks.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 29 2013 - Dublin
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (8)

Did you file Chapter 7 or Chapter 13? You should be eligible to buy a home after 2 years of  your bankruptcy being discharged. Your lender should be able to help you qualify.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
November 05 2013
Profile picture for Dunes ..
Lots of info online that is easily accessible, directly from the source and current/updated..

Provided by the Federal Gov..Find the Right Loan, you can search for specific information, compare options, or take a short questionnaire to determine your eligibility for each program. GovLoan.com


First Time Home Buyer Info from HUD about the Buying Process & Excellent Info/Resources for any Buyer..Buying a Home

Homebuying programs in your state

REO-Bank Owned Properties
Many Banks have created Sites for the Public to use (For Free) to view and find Information about the Properties they have Listed for Sale and the programs/loans they use
Sites Like..Bank of America...Wells Fargo...CitiMortgage
You can find links to Bank sites here...Link

The Fed Gov has Sites for its Properties for sale and also information on their programs/loan
HUD Homes...Fannie Mae (Homepath)...Freddie Mac(HomeSteps)
...Department of Agriculture Rural Development
You can find the links to all the Gov sites here...Link

You should imo read the Information on the Department Of Justice
Anti-Trust Division Web Site about all the options you actually have
New business models are emerging that allow consumers to save thousands of dollars when they buy or sell a home

CFPB > Consumer Financial Protection Bureau

The decisions you make to buy or not to buy, a good buy, a bad buy, offer...accept..pass...inspector, this lender, that lender, agent ect. ect. are all important ones, very important ones.
The goals are your goals and this deal/transaction/financial obligation is all yours...
Don't jump...walk
IMO you are on the right track by wishing to find "all the information"
Know your options


Good hunting and Good luck
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
June 14 2013
You should start with a lender who can tell you whether or not you can qualify for a loan, and what type of loan.

If you can't qualify for certain reasons, then your lender can also provide guidance on what you can/must do in order to qualify in the future.

If your credit scores are what is keeping you from qualifying, MyFico.com has a good plan on "How to repair my credit improve my FICO score".

Good luck, and congratulations/best wishes on your getting married.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
June 14 2013
I agree with the others.  You should talk to a lender to get the facts - a lot of them have programs to work with first-time home buyers.  Good luck, Dublin is a great community!  
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 29 2013
Profile picture for wetdawgs
Here's a link to Zillow's section called "buyer's roadmap". 

My humble opinion is that studying up on the process with articles such as provided, the library etc will help you considerably to know when you are ready to contact professionals as well as how to do the best possible in the buying process.     Do not count on a professional (who depends on a transaction for income) to be your primary educator.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 29 2013
I agree with Brian, talk to a lender that specializes in working with first-time buyers.  The recent bankruptcy may hurt you, but you'll never know until you sit down with a lender.

AlonyaRenee
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 29 2013
Try Prime Lending, they are really good at getting buyers in your situation approved.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 29 2013

Your best bet would be to speak to a loan officer. they will be able to give you advice on what program best suits your needs, also they may give you tips to get score up. That's the first and most important step once you are pre-approved find a Realtor that you trust and start house hunting!

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 29 2013
 
Related Questions
Looking for a experience foreclosure/short sale agent
Profile picture for Kelly Smith
Latest answer by Kelly Smith
September 13 | 7 answers
Got deposit back after 4 months from reputed builder...
Profile picture for Eric Kenneth Hamini
Latest answer by Eric Kenneth Hamini
August 05 | 3 answers
if loan is not approved , can i get back deposit?
Profile picture for zuser20140702223020798
Latest answer by zuser20140702223020798
August 03 | 5 answers
Is summer of 2014 a good time to buy a home in the Dublin/Pleasanton/San Ramon area?
Profile picture for SteadyState
Latest answer by SteadyState
April 14 | 2 answers
Elusive New Construction Pricing
Profile picture for Trakstar
Latest answer by Trakstar
November 05 2013 | 2 answers
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 4605 Sandyford Ct, Dublin, CA Home For Sale
    4605 Sandyford Ct, Dublin, CA 94568

     For Sale: $608,000

    • Beds: 3
    • Sqft: 1565
    • Baths: 2.5
    • Lot: 1742
  2. 5130 S Forestdale Cir, Dublin, CA Home For Sale
    5130 S Forestdale Cir, Dublin, CA 94568

     For Sale: $945,000

    • Beds: 4
    • Sqft: 2654
    • Baths: 3.0
    • Lot: 4791
  3. 225 Tangerine Ct, San Ramon, CA Home For Sale
    225 Tangerine Ct, San Ramon, CA 94583

     For Sale: $435,000

    • Beds: 2
    • Sqft: 1255
    • Baths: 2.0
    • Lot: --
 
 
 
Sign in with Google