2007-09-02 07:43:17 · 3 answers · asked by gabe w 1 in Business & Finance ➔ Credit
Only if you're trying to get a mortgage to buy it. If you're paying cash, no one will care about your credit.
Beware! Foreclosed homes usually need a lot of repair and maintenance. You need to be pretty handy and have cash for all the surprises.
2007-09-02 07:50:56 · answer #1 · answered by bdancer222 7 · 0⤊ 0⤋
credit concerns once you prefer to purchase something, consisting of a house. Yours, regrettably, isn't very solid and creditors could evaluate you to be a foul hazard. BTW, newborn help isn't counted as earnings once you persevere with for a private loan.
2016-11-14 00:18:53 · answer #2 · answered by ? 4 · 0⤊ 0⤋
If you need a mortgage you will need to qualify just like you would to buy any home.
Foreclosures are tricky and not always a great "deal".
2007-09-02 08:16:32 · answer #3 · answered by Anonymous · 0⤊ 0⤋