Asked by Susan, Texas • Sat Dec 13, 2008
I have a two-story home that was built in the 70s. It is in need of several repairs and needs new windows,carpet, kitchen cabinets,etc...I paid 102 for it five years ago. It has been on the market about four months,no interest. It is in a good neighborhood and is very pretty on the outside. I have put new laminate floors in it also, just in the living area. I can't afford the repairs it needs. I have located a foreclosure. The house is two years old, and the tax office values it at 130. I can get it for 108. I would love to have this home. Only, my house hasn't sold. I don't have much money but this would be good for me. I could get a home equity loan but the interest is unreal! What else can I do? I have good credit. I am a single mother with three children. This new house is in very good shape with exception of of a few holes in the walls and etc..
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