Foreclosure, Bankruptcy and credit factors

Banks and mortgage companies traditionally put a lot of weight on clients credit scores and history. Although credit is an important indicator and indicator of how you’ve handled debts and credit in the past, your credit and credit score areNOTfactors for approval with A-Good-Deed.

We may discuss recent bankruptcy or foreclosures, but ultimately they are not significant in determining your success with a contract for deed. If your exit strategy from the contract is to refinance within the 5 years, we expect you are well aware of your steps and timing to improve your credit and obtain long term financing.  The perspective of A-Good-Deed Contract for Deed program is regarding one’s credit is a major reason clients use our program to purchase real estate.

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Your CREDIT SCORE is NOT significant factor with a contract for deed!