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    lathampark's Avatar
    lathampark Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Apr 6, 2007, 08:45 AM
    new commercial property
    Does getting a property in your name with no mortgage or no judgements effect your credit in a good or bad way? The building has a value 0f 220k and I owed it for a month.
    mr.yet's Avatar
    mr.yet Posts: 1,725, Reputation: 176
    Ultra Member
    		  
    #2

    Apr 6, 2007, 08:48 AM
    YOu now have a positive asset under your belt, being in the + will help you with the banks for future use.
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