Re: downpayment - Posted by Alex
Posted by Alex on June 04, 2006 at 09:39:58:
What are you doing in the first place looking at a house you can’t afford and you have a judgement against you? No downpayment, an unpaid judgement, and you have a lender willing to give you a mortgage anyhow? Probably at a very high interest rate. My advice, rent, get out of this deal if you can, and fix up your credit first and your situation before wasting people’s time with a house you can’t afford, and that will only be foreclosed upon anyhow at some point when you can’t make the payments. Real estate is a serious business, for serious minded people. Shop your money first, then the house. Right now, get ouf this deal, and rent someplace. You will owe the attorney their fees, but it’s still cheaper overall compared to getting over your head with a mortgage you can’t possibly carry. Sorry to be so blunt, but you have no business right now doing this.