Remaking the American Dream

Perhaps you've been on the sidelines for some time now...living in an apartment or with your relatives.  It may have been six years or so since you encountered the big "F" word with regard to your home (foreclosure).   

I'm here to tell you there's hope! 

There's others out there in similar situations as you may be, and hopefully you've been working on rebuilding your credit and saving up for a downpayment.  I've learned in my brief life that most everyone has something in their credit story that they aren't proud of...that they don't want the world to know.  So you're not alone out there.  What matters is that you make positive changes and don't go back to what put you in the situation that caused you to hit rock bottom.  That is, if it's within your range of possibility.  In some situations it may not. 

If you haven't yet looked into Dave Ramsey's Financial Peace University, I'd highly recommend  signing up for his class, either online or in person if it's offered in your area.  The cost for materials is $89 plus shipping, but his teachings will revolutionize your financial life, that is, if you want to make positive changes for living within your means.  www.daveramsey.com/fpu



The rest of the "hope" story is that there are loans out there with as little as 3.5% down payment once you are 3 years out of foreclosure (and sometimes 2 years, depending on the circumstances).    You need a REALTOR who can walk you through the steps...it's a step-by-step process to prepare for the day you can return to the market.  You've been hearing about others getting their "good deals."   

To prepare for the day you can re-enter the market, keep paying down your debts, pay your bills on time, save money and watch the market.  Your local REALTOR will guide you through the steps to getting you pre-approved for your next place to call HOME.