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-   -   Which one is going to work to get me a home of my own? (https://www.askmehelpdesk.com/showthread.php?t=167705)

  • Jan 1, 2008, 03:59 PM
    Pennybell
    Wich one is going to work to get me a home of my own?
    Buying a forcloser but not sure what kind of mortagage I should find and the worlds telling me I can there's not such thing in today's market anyone have a clue what I have to do or find to make thing place mine
  • Jan 1, 2008, 04:14 PM
    Fr_Chuck
    There are dozens of ways to own a home, normally you will want to work and be sure to have good or at least not poor credit. You will want to save up for a down payment.

    Buying at a bankruptcy or foreclosure sale is great, esp if you have a line of credit where you can get money to pay for a home at the actual sale,
    After the sale, normally someone is still making money on it and it is less of a deal.

    Also look into buying a house with needed repairs, often a better deal. Stupid paint colors, bad room layouts can often elp you.

    A fixed mortgage is best if you are going to keep the home more than a couple of years.

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