How do I get out of a contract for deed? or get a loan w/a high debt to income ratio and low credit score?

buy property quick

My husband deserted me and my daughter and his name is still on the contract. He gives me no $$ support. I gross only $2300/mo. A mortgage broker told me my debt to income ratio is too high to get a loan and that my credit score, 545 is too low. They want $180/k for the house and they want me to pay the property taxes, $2700 and since my husband left me with the financial burden and I don’t have his whereabouts. I hate this bind I am in, can anyone give me some advice? My payment is $1000/mo and I am living on paycheck advances to buy food because of the high house payments which are not being credited to anything, really…The mortgage holders are lawyers and are having the payments taken out of my paycheck through a collection company and aren’t even having the payments reported to the credit bureau to help improve my credit score? I need a quick solution since my husband has been gone for 7 months now. Help?????

Related posts:

  1. How can I improve my credit score? My credit score is around 600 which about 80 points higher than it was a year ago. I have had a few bumps in years past with 4 credit...
  2. I want to buy a $400,000 house from someone but want to have the money ready before I approach them? I have been approved for $40,000 line of credit and I have another $40,000 in the bank plus 2 other properties and a credit score of 680. I want...
  3. Does a quick claim deed protect us from the IRS? My husband and I bought a piece of property with cash a couple years ago. My husband now has tax problems and we are worried about the IRS taking...
  4. how can i buy real estate with bad credit and a job that pays under the table? i want to invest in real estate but i have a medium credit score of 585. i paid all my debts just recently, but i also have a job...
  5. Ok, need a $48k loan on a pre-foreclosure property worth $70k. Very bad credit, R there any options? Due to a challenge my business recently faced, I had quite a dip in my credit rating. I have the opportunity to buy a 2004 mobile home appraised at...

Comments are closed.