Is it true that lenders won’t lend first time home buyers money to buy a foreclosed home?
Written on May 1, 2010
I make only $16,800 a year after taxes and I’m looking to buy our first house for my family of 4. I have no idea about getting a loan and am not sure if it is possible for how low money I make. My credit score is a poor 542 And I’m wondering if I can buy a foreclosed home with money from a lend, and more importantly if I could even consider talking to a broker for a loan???
Related posts:
- If a house is foreclosed on can the previous home buyers come back and take the house?
- Can anyone tell me the pros and cons of buying a foreclosed home?
- does buying a foreclosed home qualify you for the first time home buyer tax credit?
- Do you need any sort of license in order to buy a foreclosed home?
- do they have real foreclosed home website online thats not tryin to take your money?
Filed in: Foreclosure News.