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14y ago

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Related Questions

Can you buy a house if you have a foreclosure on your credit?

you must restore your credit.


Is it possible to buy a house if you have horrible credit?

no you can not


Do you get tax money when you buy your first house?

No, you do not get tax money (or a tax credit) when you buy your first house. As of July 2013, the tax credit for buying your first house is no longer in affect.


How can I establish credit in order to buy a house?

To establish credit for buying a house, you can start by applying for a credit card or a small loan, making timely payments, keeping your credit utilization low, and monitoring your credit report regularly. This will help you build a positive credit history, which is important when applying for a mortgage to buy a house.


How do you qualify to buy a house?

Have a clean credit record.


Can you buy a house if you are separated from your wife?

If you are credit-qualified.


What kind of credit score do you have to have to buy a house?

mortgages


Do you need to have squeeky clean credit to buy a house?

Yes.


Is there a mortgages for poor credit rating?

Yes, mortgages are always there when you buy a house, despite your bad credit, you may not even be offered to buy a house. So you should try to fix it.


Can you use line of credit to buy a house?

You can contact your bank or financial institution for Housing Loan for buying a house, by using their line of credit.


Do you need credit to buy a house?

Not if you want a good deal. Unless you buy on contract from a seller.


How much do you save to buy a house?

It will depend on how good your credit is and what you want your payments to be. If the price of a house is $100,000 and your credit is good and your fico score(this is your credit score) is 660 or higher You will need to put down 5%-10 % or $5,000 - $10,000 plus closeings cost of another 4% or $4,000.00 so if your credit is good you will need to save 9% -15% of the cost of the house you want to buy. Now if you have bad credit, you should clean up your credit before you buy. With bad credit your intrest rate will be high and your house payment will be high.