I found a foreclosed home way out in the boonies for $39,000. Anyone out there do a mortgage out there for this amount for people with bad credit?

Asked by Ruff Life, Elbert, CO Sat Mar 31, 2012

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Eric Markows…, Agent, Colorado Springs, CO
Sun May 17, 2015
Hi Ruff,

First have you verified that you have bad credit if not check with a lender to see. Since the home is a foreclouser find out what style of home it is. There are a few lenders out there that will assist in financing on those type of properties. If you do find out that your credit is bad there is always the posiblity of going through hard money lenders. Hope this helps.
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