Zillow Advice: Buying a Foreclosure - what if you have bad credit and no money to put down, can you buy a foreclosed home? http://www.zillow.com/advice-thread/what-if-you-have-bad-credit-and-no-money-to-put-down-can-you-buy-a-foreclosed-home/468917/ Zillow Advice | Zillow Real Estate It's very hard one, best ... http://www.zillow.com/advice-thread/what-if-you-have-bad-credit-and-no-money-to-put-down-can-you-buy-a-foreclosed-home/468917/ It's very hard one, best of my knowledge this kind of mortgage does not exist in this market. My best advise to you : bad credit mean you are not responsible 2ndly no money mean you are not ready. Fix your credit be ready financially have six month reserve you will enjoy home ownership, I hope I have help your question. Sat, 15 Dec 2012 06:19:00 GMT http://www.zillow.com/advice-thread/what-if-you-have-bad-credit-and-no-money-to-put-down-can-you-buy-a-foreclosed-home/468917/ 2012-12-15T06:19:00Z [Promotion and website&nbsp;removed ... http://www.zillow.com/advice-thread/what-if-you-have-bad-credit-and-no-money-to-put-down-can-you-buy-a-foreclosed-home/468917/ [Promotion and website&nbsp;removed by Zillow moderator. Please see our&nbsp;<u><a href="http://www.zillow.com/howto/GoodNeighborPolicy.htm">Good Neighbor Policy</a></u>.]] Sat, 15 Dec 2012 02:33:00 GMT http://www.zillow.com/advice-thread/what-if-you-have-bad-credit-and-no-money-to-put-down-can-you-buy-a-foreclosed-home/468917/ 2012-12-15T02:33:00Z It would not be a good idea, ... http://www.zillow.com/advice-thread/what-if-you-have-bad-credit-and-no-money-to-put-down-can-you-buy-a-foreclosed-home/468917/ It would not be a good idea, who would lend you the money....?&nbsp; I suggest that you meet with a few mortgage brokers and ask them how can you get from the situation you are in to a better financial position that allows you to purchase a home.&nbsp; It may sound far fetch at the moment, but if you are focussed and disiplined you will get there.&nbsp;&nbsp; The best of luck! Tue, 27 Nov 2012 13:02:00 GMT http://www.zillow.com/advice-thread/what-if-you-have-bad-credit-and-no-money-to-put-down-can-you-buy-a-foreclosed-home/468917/ 2012-11-27T13:02:00Z it's a bad idea to purchase ... http://www.zillow.com/advice-thread/what-if-you-have-bad-credit-and-no-money-to-put-down-can-you-buy-a-foreclosed-home/468917/ it's a bad idea to purchase with bad credit.<br/><br/>after you buy, chances are pretty good that your taxes will go up a year after you're in the house, if you are buying a foreclosure, chances are pretty good that it will need repairs and those will be expensive.<br/>if you have no money to put down, and have bad credit it is HIGHLY unlikely that you can get a loan, and if you can get a loan it's probably the kind of loan that leads your toward more bad credit.<br/><br/>it's best to wait, save money, build credit...wait.<br/>you don't want to start off homeownership under financial stress. Mon, 19 Nov 2012 03:46:00 GMT http://www.zillow.com/advice-thread/what-if-you-have-bad-credit-and-no-money-to-put-down-can-you-buy-a-foreclosed-home/468917/ 2012-11-19T03:46:00Z NoIf you have the dream of ... http://www.zillow.com/advice-thread/what-if-you-have-bad-credit-and-no-money-to-put-down-can-you-buy-a-foreclosed-home/468917/ No<br/><br/>If you have the dream of home purchase, spend time improving your credit and build up a down payment.&nbsp; Then you'll be ready to move forward. Mon, 19 Nov 2012 01:00:00 GMT http://www.zillow.com/advice-thread/what-if-you-have-bad-credit-and-no-money-to-put-down-can-you-buy-a-foreclosed-home/468917/ 2012-11-19T01:00:00Z