Home Buying in Cleveland>Question Details

martymalloy18, Home Buyer in Covington, GA

Is Credit required when buying a forclosed home with cash in cleveland, Ohio.?

Asked by martymalloy18, Covington, GA Sun May 12, 2013

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7
Not if you have enough cash.

Jim Simms
NMLS # 6395
JSimms@cmcloans.com
Financing Kentucky One Home at a Time
Web Reference: http://jamessimms.com/
0 votes Thank Flag Link Fri May 24, 2013
No my friend.... Cash is King!
0 votes Thank Flag Link Fri May 24, 2013
No - credit is not required, only a recent proof of funds (within last 30 days). A simple letter from your bank or bank statement showing your name will suffice. We work with many lenders and asset managers in the sale of foreclosed homes. Call today for your free list of homes for sale and "those not yet on the market."

Jeff Burke, Broker
On Target Realty, Inc.
216-780-6007
0 votes Thank Flag Link Thu May 23, 2013
Cash is all you need for no one to ask questions... Just make sure you can provide proof of funds. If you need assistance, don't hesitate to contact me anytime!

Cecilia Sherrard
RE/MAX NE Ohio
216-323-4620
http://www.YouShouldOwn.com
Web Reference: http://www.YouShouldOwn.com
0 votes Thank Flag Link Mon May 13, 2013
Cash is King!
Please contact me to search for profitable properties.
(216) 373-2717
0 votes Thank Flag Link Mon May 13, 2013
No, credit review is only required when borrowing funds. You would just need to simply verify that you have funds available for purchase in a bank account or some other account. Let me know if I can help further.

Dominic Picione
Keller Williams
440-390-9510
dominicrealtor@aol.com
0 votes Thank Flag Link Sun May 12, 2013
No. Credit is important when you're trying to borrow money. If you're not trying to borrow money, nobody cares how good your credit is.

All the best,
0 votes Thank Flag Link Sun May 12, 2013
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