Help to answer this e-mail

[jmcmahon]

I recived this e-mail from my web-site and need a good response.

Hi,
Can i buy a home with a 573 credit score? What are the pros and cons I should be looking out for? Any help would be appreciated.
Thank you in advance. Thank you, Lacey

How should I reply? Should I repy? I would like to help if I can. What would others do?

[mnahrgang]

How's this for being helpful?


Lacey,
Since I am not a mortgage lender, nor am I a real estate agent, I can't really answer that question. I could however refer you to an agent and a lender that may. If you would like I could either give you their names, or give them your information and have them contact you.

[Chuck Evans]

I would not reply. Probably just a lead in for a scam attempt. If they know their credit score, they should know that a home inspector doesn't underwrite home loans.

If not the person is too clueless to market to.

[jmcmahon]

Thanks Mark sounds like a good response

[Philip J. Cavalcante]

If not the person is too clueless to market to.[/quote]

LOVE IT

[James H. Bushart]

Reply like this....You might make a few bucks.


Much happy greetings and Lord's blessings to you. I am a Jamaican Prince whose family was robbed of many millions of pounds of jewels that have been recently recovered from the bottom of the sea. They are piled on a dock in Singapore and will be shipped to me once I pay the dock fees of $29.30. I'm much short on cash since my diamonds and gold are stacked on dock and I very much need your Christian kindness to help me. If you will send my your bank account number so that I may withdraw the $29.30, I will send you 8 thousand pounds of gold and rubies once my jewels arrive. I promise this to you on my word as a Prince. god bless you and give you many nice stuff. Signed, Oobi Canoobee

[dwilliams9]

Originally Posted by jbushart

Reply like this....You might make a few bucks.


Much happy greetings and Lord's blessings to you. I am a Jamaican Prince whose family was robbed of many millions of pounds of jewels that have been recently recovered from the bottom of the sea. They are piled on a dock in Singapore and will be shipped to me once I pay the dock fees of $29.30. I'm much short on cash since my diamonds and gold are stacked on dock and I very much need your Christian kindness to help me. If you will send my your bank account number so that I may withdraw the $29.30, I will send you 8 thousand pounds of gold and rubies once my jewels arrive. I promise this to you on my word as a Prince. god bless you and give you many nice stuff. Signed, Oobi Canoobee

If I send you a cashier's check for $10,000 you can cash it, take your $29.30 and send the rest to my agent who is in Nigeria on a business trip.

[Scott Gilligan, CMI]

You sure can buy a house with that credit score. All you need is a 100% down payment in cash and there shouldn't be any problems getting financing.

[Billy Boerner]

Two years ago yes. Now no.

[Steven C. Waskewicz]

Hit delete.

[Stephen W. Stanczyk]

Yes you can. You can't do it with regular financing, but owner financing can be a option. When the contract is written, it is like writing a short story. You can put anything you want into it and if both parties accept, it can be done.

Back in my Realtor days, I was the selling agent on a unique piece of property (2 homes on 5 acres with 500+ feet frontage on a large salmon creek at boundary). The buyer and spouse both had recent bankruptcies. The down payment was semi-precious stones. About $15k of the most gorgeous cut opals you have ever seen. Owner carried back a first and a second mortgage, sold the first at a discount, kept the second. Property was paid off in 6 years. Everyone was happy.

One size does not fill all.