Re: Can I buy a foreclosure with bankruptcy?

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Posted by Albert on September 29, 2004 at 09:18:04:

In Reply to: Re: Can I buy a foreclosure with bankruptcy? posted by Raymond on September 28, 2004 at 08:33:10:

is there a cost to get pre-approved?

: The first thing for you to do is to get pre-approved for a home loan. That way you'll know the price range you can afford. Your credit score and history are now considered "A paper" and you're going to be quoted the lowest loan fees and interest rates and you'll also qualify for 100% financing. You may find out you actually qualify for the more expensive homes.

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: Yes,my credit is been good since I filed for bankruptcy my credit score the last time I checked was 700. Since housing price is so outrageous,im wondering if its affordable to buy "forcloser/forclosed house"?

Follow Ups:

• Re: Can I buy a foreclosure with bankruptcy? (url) - Raymond Denton 09:24:32 09/29/04 (0)

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Comments:
: is there a cost to get pre-approved?

: 
: : The first thing for you to do is to get pre-approved for a home loan.  That way you'll know the price range you can afford.  Your credit score and history are now considered "A paper" and you're going to be quoted the lowest loan fees and interest rates and you'll also qualify for 100% financing.  You may find out you actually qualify for the more expensive homes.

: : -------------------------------------------------
: : Yes,my credit is been good since I filed for bankruptcy my credit score the last time I checked was 700. Since housing price is so outrageous,im wondering if its affordable to buy "forcloser/forclosed house"?


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