Foreclosure in June – want to buy house from father for $60,000 that appraises at $90,000. Is there any way?

May 28, 2010

in Bad credit mortgage lenders

I had a foreclosure in June 2006 because my wife and I both lost our jobs. Tried to work with mortgage company to no avail. My wife and I both have jobs now. My father has a house that was recently appraised at $90,000.00 but he will sell it to me for $60,000.00. Are there any lenders that will work with me on this even with bad credit and no money down?

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