🌟 Dive into the world of real estate with ease! 🏘️ Navigating new construction home purchases via assignment contracts? Fret not! Though not all lenders are thrilled to tackle the additional risk, we've got the perfect solution: select lenders accessible exclusively through brokers, who warmly welcome assignment deals!
🔑 Quick Highlights:
✔️ Standard purchase checks? Yes – income, credit history, down payment all ticked off
✔️ Assignment at original price or market value? Both get a green light!
✔️ Minimum credit score 620 without past bankruptcies or proposals
✔️ Down payment must be solely from you; seller incentives are a no-go
Document checklist: Signed original purchase agreement, MLS listing, builder-approved assignment agreement, side agreement with updated price, and full appraisal for value confirmation.
While every case is unique, our sneak peek of conditions is the beacon you need to illuminate your path! With the right help, securing your new build home is not just doable; it's within reach.✨