Can you obtain a home with not so good credit, by foreclosures?
Question:
Answer:
Very difficult..foreclosures are usually snatched up by investors with cash, so much competition with that. It would be better if you buy a house through owner financing or ask how to fix your credit.
You can if you put down a nice down payment (25%). But each state is different, so my best answer would be to ask a local real estate agency or a bank.
Yes, you can; only thing is you may have to pay somewhat higher interest rate. It has nothing to do with a house sold due to foreclosure. If you have a steady job you should be able to borrow money. Call a respectable bank.
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