If a property is repossed

[gazkaz]

please could you tell me if a property was repossed would you be able to get another mortage & if so after what peroiod of time

 

[I AM ALWAYS LIABLE]

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by gazkaz:
please could you tell me if a property was repossed would you be able to get another mortage & if so after what peroiod of time<HR></BLOCKQUOTE>

My response:

Sure, you can always get another mortgage. The real question is, however, what will is cost you? Higher interest, larger downpayment, costlier points, etc. There are plenty of lenders on the internet who'll talk to you and, perhaps, swing you a loan.

IAAL




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