Resources
a Division of Cash Solutions, Inc.
Buyer's Resources:
- Referral to a legitimate 6-12 month credit repair program
- Report your monthly payments to a credit bureau
- Submit mortgage or rental verification report to a future lender
Moving Tips:
- Decide whether you want to use a professional mover or go with a rental service and move yourself.
- Make sure all your furniture will fit in your new home
- You may want to rent a disposal unit to discard clutter
and make the move easier
- Develop a list of all those who need to know
your new address and phone number including:
the DMV, Your Bank, Credit Cards, Friends, and Family
Own A Memphis Home
Owner Financing... No Banks Needed
With enough consideration down in cash or in trade, we can be the lender and give you immediate home ownership. The amount we require down and annual interest rate on your loan with us depends on 1) the flexibility we have with the property and 2) which other programs below we are also applying to make our deal work.
Rent Now, Close Later
If you want to buy one of our homes but need time before closing with owner financing or a permanent bank loan, we can usually rent it to you until you close. That could be a few weeks or a few years, whatever will support you. Many times we can apply part of your monthly rent to your purchase agreement so you can build equity over time -- until you close.
Down Payment Assistance
Do you have little or no money to put down to buy a house? Depending on the property (and your situation) we might be able to let you build up a downpayment over time. Then you'd rent the home until you close with traditional bank financing ,or with our flexible owner financing. We also offer the Sweat Equity and Trading for Equity programs below....
Sweat Equity Program
Interested in a fixer upper? When we have a home that needs work to make it real nice, many times we can offer a "limited-window" for buying it "as is" before we fix it up. Sometimes it needs cleaning... or carpet and paint... or a lot more. This is a great opportunuity to build equity or down payment by doing the work yourself or hiring our own contractors yourself. Complete the repairs or remodeling before you move in, and sometimes after. Plus… you’ll get to fix it up how you want -- kind of a nice option since it will be your home!
Trading for Equity
I doubt you’ll ever find a more flexible and creative seller than us! What do you got to trade? Do you own another property you want to sell? We buy and trade houses! Do you have real estate equity you’d like to tap into without selling? Perhaps we can use that. Do you own real estate notes, gold or other cool stuff we might want? We’ll consider anything that’s desirable and of value to us -- including professional services, vehicles, etc.
First find a home you want from our list available homes and let’s talk. If we do not have one you are interested in now, join our VIP Buyers List to receive priority updates and to claim your FREE Gift Card.
Buying with No Money Down
There are still several ways to buy a home from us with no money down, even after all the new rules imposed since banking and credit crisis began. If you can qualify now for FHA or VA financing, there are approved methods for selling to you with no money down. Or we can get you into a home now without a down payment by trading for equity or with our sweat equity opportunity. Contact us for amortagage broker referral for VA or FHA pre-qualifying help or planning.
Is Now a Good Time to Buy?
What are you waiting for? For home prices to settle down, or take off? Good economic times? Changes within the government? Stock market to recover? Could be a long wait. We believe responsible home ownership is still the American dream. Whether you rent until close, buy with owner financing or get a new bank loan now... the benefits of buying a home usually outweigh any reasons for spending your hard earned income just on rent. When you buy from us you can...
• Fix up your home -- how you want
• Build equity each month -- even if renting until you close later
• Receive bigger tax refunds -- by deducting mortgage interest
• Lock-in the purchase price -- for potential appreciation
• Build, improve or establish your credit
• And more!
Improve or Repair Your Credit
Bad things happen to good people. Upon request, we can establish a payment history by having us report your rent or house payments to a credit bureau. Second, when you’re ready to buy or refinance your home, we can provide a rent or mortgage verification report to your lender that can help get your new loan approved. Finally, whether you "rent until close" or buy with owner financing, we can give you the time you might need now to:
• Clear up marks on your credit report
• Take care of outstanding bills
• Establish more time on a job
• Prove self-emplyment income
• Cash out of an investment
• Sell your current home
• Or whatever else time will do for you
Find a Good Mortgage Broker
We don't want to be your lender forever. And maybe you can already qualify. So in any case, you need to find a good, reliable mortgage broker who can give you straight answers on what you can do now -- or in the future. They should help you establish a game plan for improving your ability to qualify, and can sometimes help you boost up your credit scores.
Submit this form if you want some mortgage broker referrals we've had good experiences with. Of course you can be working with a professional on getting a future loan... while living in your new home.
