[quote=UCGal][quote=lfterrell]How interesting without knowing much, only that I’ve saved some money and admitted my credit score is not where I want it (685 average) you’ve gone on this rant.
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I used information you provided in the OP.
[quote=lfterrell]We would like to purchase a home in San Diego using the Agreement of Sale method. We know our credit rating is not the best, but we do have good income, very little debt and some money $20,000 that can be used towards down payment. We obviously are not looking for a mansion, but would like something 2-3 bedrooms under $500,000. How prevalent are agreement of sale contracts in San Diego?[/quote]
Actually I was addressing, what I took as very “Snarky” comments from Bristol Chicken, not UCGal. I too agree that we need to improve our credit score, which we are doing and have more funds for down, which we are working towards. I was not too keen on renting any longer and knew about the Agreement of Sale route. Its a legitimate means for those of us who have challenges such as another home that still needs to appreciate in order to sell.
The reason I initially asked the question, was to see if others knew of this type of contract being used in California.
You mentioned your credit score was an issue. I did not pull that out of thin air. You mention you have $20k to put down on a $500k purchase – I did not pull that out of thin air.
I agree I did bring up my score and money on hand – again, I was really addressing the other comments.
I stated my opinion that it would be better to take some time to concurrantly work on your credit score and save more down payment. I’m sorry you were offended by that.[/quote]
Everyone is entitled to their opinion, and that was the reason I posted; where I disagree is when folks with no real valuable information involve themselves and don’t really add to the discourse other than hijack the thread towards venting about their personal “bugaboos.”
