Credit Challenged Homebuyers Work With "Can Do" REALTORS®

Posted by Joe Manausa on Wednesday, September 29th, 2010 at 10:06am.

Credit challenged home buyers could have seen yesterday's blog titled Home Sellers Expand Their Market With Creative Financing and might have had either a positive or negative reaction to what it was addressing. From a positive perspective, they should realize that there has never been a greater need for home buyers in than we have now in the Tallahassee real estate market, thus they have a great opportunity. Reading some negativity into the article however makes one realize that working with creative financing techniques right now is much more difficult than it has been in the past twenty years.

I am hoping that homebuyers who have credit issues will be wise enough to seek out a "Can Do" REALTOR®who is willing to face the tough challenges that the market is doling out right now. Sure, there are a lot of obstacles in the way when somebody with damaged credit wants to buy a home in Tallahassee, but if somebody really wants to own a home, then there are solutions in this market for just about everyone.I will reiterate that working with a "Can Do" real estate agent is not only the first step in utilizing a creative solution for buying a home, it is also the most important step. Just as with the young man in the video, attitude is a critical skill in creative financing! [youtube width="340" height="285"]http://www.youtube.com/watch?v=obdd31Q9PqA[/youtube]

Never underestimate the fighting spirit of this type of great real estate agent. Education and experience are very nice to have when working with your real estate professional, but a "Can Do" attitude in this market is equally important. If you look at the list of homes for sale in Tallahassee that offer creative financing, and know that this list is likely to grow significantly over the next year, even a credit challenged homebuyer should know that with the right attitude, and the right real estate agent, home ownership is an attainable goal.

Joe Manausa, MBA is a 26 year veteran of real estate brokerage in Tallahassee, Florida and has owned and managed his own company since 1992. He is a daily blogger with content that focuses on real estate analytics and providing his clients with a tactical advantage in today's challenging market.

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