Sunday, November 14, 2010

How can someone with a decent income and bad credit purchase a house or land in Florida?

I have no bankruptcy. Most of my bad credit is old, and totals about 25000. Married, household income about 50,000. I've heard that there are places where I can still get a home loan or a land loan, but I don't know how to go about it or who to contact. Is there a place where I can find private owners that might do a C4D on undeveloped land?How can someone with a decent income and bad credit purchase a house or land in Florida?
Get your finances in order - if you can prove that you're at least in the process of cleaning up your credit - it'll fare better for you.How can someone with a decent income and bad credit purchase a house or land in Florida?
marry someone with good credit, that's what worked for me ;o}
I think it is possible... Anyhow speak to some other in that area.Whereas there are lots of websites are there to guide you to buy home
Talk to a bank about a FHA loan. They are not credit driven.
get yourself a co-signer
if by bad credit you mean in the 400 forget it if in the 500 could be done but the loan cannot be above 80 or 90% of the value of the home if in the 600 then you can finance 100% at some reasonable terms. O;d bad credit does not effect your credit score as much when did you check it last ?? Land loans are very hard to do so I sugest a loan on real property. let me know if you need more info

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