To buy or contract for deed?
Hello
I'm having a few questions on what I should do. My fiancé and I are wanting to get a new home to have for a long time. Well we had an offer to do a contract for deed with a lady we know. But I'm concerned if I should just wait and get a mortgage loan or go through with this ladys offer. My only issue with getting the mortgage loan is that my fiancé has bad credit and his income is the highest. My credit on the other hand is OK I don't have much credit established but its not negative but also I only work part-time and the other part I stay home with my son. When I contacted a lender about getting a mortgage loan she pretty much told me that if I personally had more income I could get the loan. But I'm not going to be getting more income for at least 3 more months and then I will have to establish that I will be getting more income for probably 3 more months, because I will be getting a better job offer. So I don't know which way I should lean on? Does anyone have any advice for me!! Thanks for your time