Donna Palmer


All About Donna Palmer

Name: 
Donna Palmer
Location: 
Bluffton, SC
About Me: 

Single mom of 2 boys wanting to provide a "home" to call our own. Many mistakes in my younger days that messed up my credit. I've been "hiding" from the bad credit for 20 Years...but no more. (you know buying everything with cash, limited options etc.) So I've called Consumer Credit Counseling, a free credit counseling service (can't afford, nor does it make sense to pay for counseling when you can get it free)Haven't started that process yet, but imagine that it will take some time to get credit straightened out.

I don't want to wait that long to acquire real estate. I'm a very creative problem solver, however I'm green when it comes to the real estate procedures and legalities.

So anybody out there with advice on obtaining a home with poor credit. Please, please share! I have a great paying job...that's some good news.

Excited about this site!

donna

Interests: 
creative business, HGTV, DIY daily, singing, art,

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Basic Info

Occupation: 
Kitchen & Bath Designer
Children: 
Have Child(ren)
Education: 
Some College
Status: 
Single

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No contacts listed

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Mainly Just This One

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Excited about this site! Any

Excited about this site!

Any detailed advice on how to obtain a home with bad credit? Do have descent paying job. (for 3 months)

Any lease option advice?

thanks.

CLASS IN SECESSION: donna

hello donna, i recieved your e-mail, i guess first we will talk about the PRE-FORECLOSURES:here are several ways to FIND them; LOOK for motivated SELLERS, watch for AD's that say: MUST SELL!!, or anything that sounds motivated. (2) go to your county court house and ask for the LIS PENDENS: which means people that are being sued by BANKS, you will want to send these people some kind of letter for them to call you.(3) just look for plain old DISTRESSED PROPERTIES and find out who the homeowners are and send them a letter also.

RE-AASIGNS: In order to get paid for RE-ASSIGNING a property to another investor, you will first need to "LOCK IT UP" meaning: get the property under CONTRACT with you, lets say you find a PRE-FORECLOSURE and you and the homeowner strike up a deal, you and the homeowner will need to both sign a AGREEMENT TO PURCHASE CONTRACT, with the proper CLAUSES with an close date of 60-90 days,thats how much time you have to RE-ASSIGN the property to another investor. CLASS DISMISSED,SULLY.