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HUD homes whats that about? is credit that important if you have the cash?

Written By: admin on June 27, 2009 One Comment

im wondering if credit would be an issue when buying a condo, in ny if you have a excellent down payment for it?? will it be a factor in buying?
and HUD whats that about i dont a clue about real estate or any goverment program that are available for first time buyers,
if any realtors, lenders are reading answer please need usefull answers,, thanks


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One Response to “HUD homes whats that about? is credit that important if you have the cash?”

  1. Janet P on: 27 June 2009 at 3:55 am

    HUD is for low income housing.

    Credit could be an issue with the condo, even paying cash. The HOA may not accept you if they reckon you would not pay the monthly dues. But if they will accept you you will have no problem buying with cash, no banks would be involved.

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