[eallen07]

I Have bad credit and want to buy a house I have been on my job for 3 years my credit score in low can you help me

[Fr_Chuck]

Work hard for a couple more years, pay your bills on time and improve your credit score, save up money so you have about 20 percent of the value of the house you want to buy.

[ScottGem]

What help are you looking for. With a low score you would probably get a high interest rate. Rather then pay that, save your money for a larger down payment. Inthat time you can repair your credit and the larger down payment will help get a lower rate.

[excon]

Hello e:

Try to find a distressed seller. They're all over the place these days. Try to make them an offer that fixes their distress. You'll have to do some unconventional things, but now is a good time.

By the way, there are numerous unconventional things you can do. Go buy a no money down real estate book to learn some.

excon

[froggy7]

Given that you have bad credit already, the one piece of advice I will give you is to learn to live well beneath your means. And if you are thinking of getting a house, be very careful that you do not get more house than you can afford. Which is a very subjective measurement, but generally your house payment shouldn't be more than a third of your take-home pay (imo). You may want a lower ratio if you have a lot of other bills that you need to pay.

[Fr_Chuck]

I got a great deal on a 3 bedroom brick on a acre of land in wonderful central TN.

[AKaeTrue]

Even people with fairly decent credit scores are finding it difficult to be approved for a mortgage these days.
Repairing your credit isn't an over night process, so if you'd like to buy a home with a low interest rate, it would benefit you to start now rather than later.

I'm a little reluctant to post this because so many different opinions exist on this subject and not everyone will agree with every method used to repair credit... but this is what my husband and I did for ourselves and it worked.
In our line of work, we've helped many different people do this as well and it worked for them too, so I'll share it...

Call TransUnion, Equifax, and Experian and dispute late payments and your inquiries.
Every time you have been more than 30 days late on paying a debt, it is sent to the credit bureau and lowers your score.
Also, every time someone has pulled your credit to inquire your credit score, it lists the inquiry on your report and these bring down your credit score - so dispute every one.
Next dispute the negative claims.
Some may not come back and will go off your credit report.
The ones that do come back and say that you owe them money will likely settle with you for a lesser amount than you owe (personally, I've never had an incident where they did not settle).
Make sure that while this process is taking place, you save up some money.
When you call to settle, they will want their money right then and there over the phone (or at least a portion of it), so be prepared for that...
It will save you a lot of money doing it this way. ***get some type of proof that you paid - very important***

Once you've settled and paid them the
Settled amount, you will have started rebuilding your credit.

-Pay all your bills on time - no 30 day past dues.
-Never have anyone frivolously pull your credit for the sake of saving an extra 10% at the retail checkout, etc.
-Pay down credit cards/loans/etc to improve your dept to income ratio

All of these are good first steps in repairing your credit and achieving your goal to buy a home.
Good luck.