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#329094 - 03/01/10 02:27 PM Question RE: credit, and buying with cash....
julian M Junior Member Registered: 03/01/10 Posts: 2 Loc: US	once I have sold my house, I plan to buy a piece of very rural land outright- ie: "cash" all at once... I will likely rent a place in a town nearby until I either re-sell the land or build. my question is- since I need not get a loan for the land purchase, will my less-than-stellar credit score ever factor into this in any way? thanks for your input!
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#329104 - 03/01/10 03:00 PM Re: Question RE: credit, and buying with cash.... [Re: julian M]
PA Roadkill Major Contributor Registered: 11/15/06 Posts: 1984 Loc: The Middle of the Interstate	Cash is cash. As long as you can prove to a seller that you have it, it shouldn't be a problem. On the other side, landlords often run a credit report before renting to a new tenant. If your "less-than-stellar-credit" is really bad, you might have a problem finding a suitable rental. Good luck _________________________ Broker-Owner Thirteen Years REO Experience GRI,CRS,CRB,e-Pro Some days I feel like the bug, other days I feel like the windshield
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#329112 - 03/01/10 03:34 PM Re: Question RE: credit, and buying with cash.... [Re: PA Roadkill]
julian M Junior Member Registered: 03/01/10 Posts: 2 Loc: US	thanks alot PA roadkill... thats what i was hoping. and hopefully 3-4 months up-front will help that rental along too.
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#329117 - 03/01/10 03:52 PM Re: Question RE: credit, and buying with cash.... [Re: julian M]
Vermont Major Contributor Registered: 04/12/08 Posts: 4456 Loc: Vermont's North-East Kingdom	Just curious . . . . If the land is Very Remote, how can there be a Town "nearby" which is large enough to offer Rental Units? _________________________ Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont Where We're Always Striving To Put Together "THE FAIR DEAL"
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