Updated about 8 years ago on . Most recent reply
Primary residence is bank owned, bank willing to sell back
My primary residence is currently bank owned and they are willing to sell it back to me for $140,000 cash. Comparables I'll run my area are between 300k - 330k. Everything in the home (which is a cape, 3-2) has been gutted and updated except for kitchen and first floor bathroom.
my local bank will not give me a mortgage because of the for closure and a bankruptcy that I did three years ago even though my credit score is 725 (as per credit karma). I have had 100% payment history with 26 total accounts.
any suggestions on what I can do?