Asked by Tynettamd, Greensboro, NC • Fri Jul 29, 2011
My husband and I are preparing to buy a home. We have not been pre quailified because we still have credit issues to take care of and need help. We were watching the property borthers on HGTV and saw that they were bascially gettingpeople in their dream homes by purchasing run down homes with good bones and remodeling them, I looked into the 203k loan and it sounds nice, but what's the catch? HELP
At the point our credit situation is uncertain, so if all fails we plan to rent.
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