We're still searching and still struggling to find appropriate housing :-(. The majority of what would work for us is sold through auctions due to the large Amish and Mennonite community here. The remainder of properties are too small, don't have enough yard (8-10k square feet), are above budget or simply won't consider FHA financing. Believe me, we've asked on several properties. I'm beginning to think we may just stay trapped in this rental forever. For the record, we are looking across 5 different counties within an hour drive from our house, excluding two school districts that are just horrid.
We did find one about an hour and 15 mins away, but we would need 2 bedrooms to be in the half refinished basement and the whole lot had a harsh downward slope. I'm just frustrated and disappointed.
I guess my question is with the above information regarding credit..when might we be able to consider conventional financing??? I'd say over half of properties we like that are listed refuse to consider fha. Do you think January might be a time to revisit? The charge off was reported as charged off in January 2024 then paid in April. Newest accounts were opened in June and August 2024. Continuing to keep balances low and his auto loan will be paid completely in two months. That might actually work against us here..
