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No Credit Required: How to Buy a House When You Don't Qualify for a Mortgage
 
 
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No Credit Required: How to Buy a House When You Don't Qualify for a Mortgage (Paperback)
by Ray Mungo (Author), Robert H. Yamaguchi (Author) "The day we bought the house (August 15, 1989), neither of us had a job..." (more)
Key Phrases: house without credit, private real estate contract, life estate grant, San Diego, Anne Marie, United States (more...)
  4.7 out of 5 stars 6 customer reviews (6 customer reviews)  


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Editorial Reviews
Book Description
Even those who can't get a conventional bank mortgage can stop throwing money away on rent and buy a house. With absolutely no credit, the authors bought a Vermont hideaway now worth hundreds of thousands and a California luxury condo with ocean views that tripled in value in six years. Readers will discover, step-by-step, the no-credit way to do it:

€ No credit-check assumable mortgages
€ Easy "Owner Will Carry" seller financing
€ "Lease With Option," the way to buy with no money down
€ The 30/70 rule that lands a bank no-credit mortgage
€ Five exciting, unconventional, yet totally legal routes to no-credit home ownership
€ "Property in trouble" deals
€ A buyer's guide to pitfalls --This text refers to the Paperback edition.

About the Author
Ray Mungo is the author of 16 books and writes frequently on business topics for many national magazines and daily newspapers.

Robert H. Yamaguchi holds a Doctorate in Business Administration and is a professor of business at Fullerton College. He has been a consultant to private business and conducts Study Abroad seminars in international business in Paris and Florence. Both authors have used the no-credit methods in this book to buy several homes. --This text refers to the Paperback edition.

Product Details
  • Paperback: 192 pages
  • Publisher: Signet (April 1, 1993)
  • Language: English
  • ISBN-10: 0451175646
  • ISBN-13: 978-0451175649
  • Product Dimensions: 6.9 x 4.2 x 0.6 inches
  • Shipping Weight: 3.4 ounces
  • Average Customer Review: 4.7 out of 5 stars 6 customer reviews (6 customer reviews)
  • Amazon.com Sales Rank: #617,132 in Books (See Bestsellers in Books)
    (Publishers and authors: Improve Your Sales)
  • Also Available in: Paperback (Bargain Price) |  Paperback (Revised) |  All Editions

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Inside This Book (learn more)
First Sentence:
The day we bought the house (August 15, 1989), neither of us had a job. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
house without credit, private real estate contract, life estate grant, escrow holder, assumable mortgage, option fee, owner financing, equity sharing, adverse possession, lease option, seller financing, own mortgage, escrow company, mortgage balance
Key Phrases - Capitalized Phrases (CAPs): (learn more)
San Diego, Anne Marie, United States, New Hampshire, Palm Springs, San Francisco, Minnie Skinner, Morongo Valley, Normal Heights, Buying From the Old, Mad Rabbi, Persian Gulf, Preliminary Title Report
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