Mortgage Foreclosure - The Family Farm
First couple drops $2.07 million on 1.13 acre Dallas spread.
Corporate raiders aren't the people to put into government office. This house is bought in completely poor taste based on the struggle of the nation. That is amazing.
Foreclosures carry same sting when it comes to credit (click here)
BY COURTENAY EDELHART, Californian staff writer cedelhart@bakersfield.com
Friday, Dec 5 2008 6:11 PM
Last Updated: Friday, Dec 5 2008 5:57 PM
Brent Bowser assumed that with a credit score of 725, he’d have no trouble getting a conventional home loan.
But because he only had 5 percent to put down, he was forced into a Federal Housing Administration loan insured by the federal government. That’s going to cost him at least another $100 a month more than a conventional loan.
“I understand they had to tighten up their criteria because of the foreclosures, but I think they’ve gone too far,” lamented Bowser, who is bidding on a short sale with his fiancee.
Nance Fillmore of Fillmore Realty and Financial Services thinks so, too....
How to get a Dallas Texas Foreclosure List