I bought Dean's "Be A Real Estate Millionaire" in hopes to find a home for our family and have some type of cashflow so that we can stop living paycheck to paycheck. I have since finished reading the book (had to turn down the AFF because I could never afford it) and use the Foreclosure Alert site. I found a place and the owner is willing to sell it using a Lease Option. The problem is, he wants some type of good rental history and source of income. I have been on my job for a year now, but my rental history has been tarnished by Lease Purchase that I feel like I was defrauded out of (That's a whole other story).
I'm just lost confused and a lot of other stuff. I'm trying to figure out where to start because when I use the Foreclosure Alert tool I find properties that says WARRANTEE DEED in both the Pre-Foreclosure and Forclosure section. There are some that say NOTICE OF DEFAULT and that's just about it.
I know I can afford to pay for a home its just that I can't come up with $1000+ for a downpayment or deposit. I tried calling to qualify for a mentor and was asked if I had $500 in the bank and I should call back when I do. I was like WTF?
All I want to do right now is find a home for me and my family because we have been displaced since before Hurricane Ike and its gotten worse since most of the rent prices have increased and a lot of people have defrauded the apartments and its become more harder to find an apartment.
I know this is a long post, but if you were in my situation could you please help me out. I looked at the previous post but things stop back in March (I believe) and the housing situation has gotten a little worse since then.