if you have bad credit, would you be able to purchase a foreclosure home? if so, what would be the process of purchasing a foreclosure home?

Yes. I can put you in contact with some wonderful lenders who will be able to guide you through the process.

You can purchase a foreclosure home, but the first step is to identify your current credit situation and the best way to do that is to get with a knowledgeable loan officer who deals with credit challenges that can assist you in getting your credit where it needs to be to purchase that foreclosure home you would like. If you need some suggestions, let me know, as I would happy to assist and walk you thru the homebuying process. I sell foreclosure homes often so I may be of assistance to you.

You will need to prequalify with a lender first. That is your first step. If you have a preapproval letter you can start to look at foreclosures with an agent in your area.

As a mortgage loan originator, I don't believe there is a bad credit. If you think you have a bad credit, I have the remedy and solution. Allow me to review your credit and make suggestions and recommendation. If you follow my recommendations, surely within 30 days, you should have a credit good enough for you to qualify for at least an FHA loan. Please get in touch with me and let me help you...Victor

The best way to find out for sure would be a contact your local lender. They are the ones we get the money from to buy a home. They are the specialist in home loans. They will know what you'll have to do to qualify. Try them first. If you go to your local bank first, they can get you going in the right direction. thanks

Renee- What the consumer terms as bad credit and what the lender is looking for often varies. The first start is to speak with your loan professional. If you have a bank, credit union or you need a lender recommended to you please let me know. As well many of my clients have suffered with a few hiccups on their credit profile, I work with a national company that helps individuals repair their credit profile so that they can purchase and do many other necessary things. I have many success stories of individuals that used the program that I can share with you. If you would like to know more about the program. Purchasing a foreclosure is not much different than purchasing any home and because of dealing with banks that want to move inventory it is a very simple and rather quick process. I work with a number of banks as a foreclosure agent so I have first hand knowledge and experience in dealing with the bank and the buyers of these distressed properties. If you would like a list of foreclosed homes sent to you contact me and I am happy to get them right out to you.