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Rent vs Buy in Hammond : Real Estate Advice

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Activity 1
Thu Jan 5, 2012
Lana Lavenbarg answered:
It will depend on how well you have strengthened your credit. Even though you had a bankruptcy, you need to then begin building credit again. As you do that, lenders will look at you at a better risk. They also look at why you had to do a chapter 13. Some look at medical as an emergency that you had no way of protecting yourself from. Otherwise, if it was just bills you couldnt pay - they may look at you as a high risk still. You will need to work on your credit scores, save money, then you can buy a home again! ... more
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