interest

How To Buy a Home If You Have a Bad Credit Score

alt tag

“In a perfect world, you’d have a robust credit score and a 20 percent down payment in hand, with mortgage lenders falling all over themselves to get your attention,” said Geoff Williams on US News. “But what if your world is a little dinged? What if your credit score is shabby, your bank manager cringes when he sees you and debt collectors are the ones vying for you attention?”

Well here are a few options that might still allow you to buy a house with bad credit.

Condos Are Back and Overtaking Single-Family Homes In Appreciation

alt tag

 

 

Condos are appreciating faster than single-family homes accross the US. This is especially prominent in areas with thriving job markets and ongoing urban renewal. Condo are appreciating at a rate of 5.1 percent compared to the 3.7 percent appreciation for single family [...]