Posted on January 12, 2009 - by admin
What steps do you take buy a foreclosure home with bad credit?
Michelle G
I want to buy a foreclosure home but, my credit is awful. I have a low credit score and a bankruptcy. What can I do ?
Bulgarian Properties
I want to buy a foreclosure home but, my credit is awful. I have a low credit score and a bankruptcy. What can I do ?
Bulgarian Properties
This entry was posted on Monday, January 12th, 2009 at 22:30 and is filed under USA real estate. You can follow any responses to this entry through the RSS 2.0 feed.
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January 13, 2009
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Those are exactly the loans that are going into foreclosure now. It’s going to be much harder for you to buy a house than it was a few years ago. Call a mortgage broker and find out what you can qualify for. Good luck!
Maybe someone in pre-foreclosure will let you rent to own or similar…
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January 13, 2009
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It wouldnt be any different then buying any other home or other type of loan. Your bad credit will hurt you. Perpahs the amount of money you will save by getting a good price on the foreclorsure will allow you to get the house. But that bankruptcy is going to sting alot.
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January 13, 2009
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You are going to need to pay cash.
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January 16, 2009
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do you live in California, If you do,I can repair your credit in only 30 days. Your credit score will increase from 50-100 points. You need to contact me, in you live in California