Need a new house?

Question

These stupid fools want to foreclosing on my house. Forget it I'll get another one. Should I buy a new one now before these fools foreclosing it? I just got a raise too. This should be impressive to banks. That should void out the need for credit check I would think. Some dumb Arab wants to sue me too...

Answer 1

Does sound like it. Good luck with all.

Answer 2

Buy a cheap house.

Answer 3

That's funny because you sound like the only fool in this story....

Answer 4

What makes you think that you will be approved for a loan on a second house when the first house is being foreclosed on? It is never stupid to foreclose on a house. If they are entitled to it and you owe them a debt - allowing them to foreclose, then why would that be stupid? It would be the smartest action they could take.

Answer 5

That doesn't void the need for a credit check. The only way to buy a house without a credit check is to put down 100% of the price -- so you don't need a bank to finance it.

Answer 6

Unless you are paying cash, I don't know how you would do that, since you can't get a mortgage loan if you have had more than 1 late payment in the last 12 months.
-- and we know the mortgage company is not going to foreclose over one payment.

Answer 7

Fake racist news.