Around here that may justify razing the home and rebuilding as the lot prices are over 10pct of Arv.

demolish it and rebuild something bigger and better.

And even if the house is paid off, are you willing to shell $80,000 out of your own pocket to rebuild?

I am impressed that and you already noticed opportunities in tear down and rebuilding this early in the bowl game.

What would a new home be worth when rebuild.

Discharge is when the court actually stamps it a done deal.Think you have to wait 4 years from discharge date for a conventional loan.Also...Creditsesame.comcreditkarma.comcredit.comAll give you free credit....Help monitor/rebuild your credit.You can get secured credit cards from credit unions that can boost your score.Seems like you are doing two different things.1. buying a home to be owner occupied2.

Brian Gibbons Let's say for arguments/analysis sake, I wholesaled this lease option to a tenant-buyer who had poor credit rating, desperate for a house and desperate to rebuild his credit.

Some of the really funky properties were mortgage free and WAY underinsured for decades and now those people can't rebuild.

While the largest home builder in the area has been hitting records, much is due to rebuilding Joplin an hour away.

Some buyers need help on the down payment side, where others may need to just rebuild their credit.