What steps do you take buy a foreclosure home with bad credit?
Question:
Answer:
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...
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.
You are going to need to pay cash.
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 mortgagecollin@sbcglobal.net
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