Posted by Sue Barrows on May 26, 2003 at 09:45:38:
I am the seller. I have been doing a rent with option to buy for nearly two years with this person. He has a perfect payment history with his rent option payments during all of this time. And, it is provable through electronic transfers from his bank account to mine. The tradeline also shows up on the credit report as I am a member of Trans Union. He has other perfect tradelines that are rather seasoned too. Problem is that he has some medical and a few other delinquencies leaving his FICO scores at 478, 497, and 499. Can you help someone with D credit. I can give him 6% in seller consessions, or pay off what is delinquent if that is a required contingency comittment, and you should know that he gave $1,000 down on the property when he signed the option papers nearly two years ago. He would also be agreeable to having his finance company continue with the direct deposit into the bank’s account every month for his loan payments if that was a contingency too. This would be for approximately a $45,000 house. It is a small to medium sized house in Waterville, Maine. It is very clean and well maintained. Maine State Housing Authority owned it once therefore, it meets certain criteria with the State of Maine. Can you help further?