I have been through divorce, legal expenses with a delinquent child and medical expenses with another child. I have struggled with bills but managed to keep my family fed & housed. Now I am divorced, my delinquent child has finally grown up & my medically challenged child has become an adult & has married and now I would like to get a home of my own. Is it at all possible? Or am I destined to be a renter forever?
2007-11-28 05:12:14 · 5 answers · asked by vikingfan 1 in Business & Finance ➔ Personal Finance
Unfortunately the way the mortgage industry is currently, probably not.. Unless you can find a someone with strong credit to co-sign with you. Otherwise, I'd order a copy of your credit report and pay off whatever delinquent accounts that you can. If you can open a credit card, I'd do that- but don't use it.. Just activate it and don't put an $ on it. That is the easiest way to build your credit back..
2007-11-28 05:57:30 · answer #1 · answered by kta kta 2 · 0⤊ 0⤋
Pay Cash
2007-11-28 05:17:56 · answer #2 · answered by scottsmylie 5 · 0⤊ 0⤋
Unless you can pay cash or talk an owner into financing you, probably not. Sorry.
2007-11-28 05:18:15 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
Bad credit = no mortgage for you.
2007-11-28 11:48:50 · answer #4 · answered by Answerguy 2 · 0⤊ 0⤋
get a council house hope i helped
2007-11-28 05:15:23 · answer #5 · answered by jack_malcomson 1 · 0⤊ 0⤋