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Bad credit, want to sell my condo and move into an apartment.?

My condo community has declined terribly and is crime ridden and falling into major disrepair. I'll take a huge loss to sell it, but I really want out. My problem is that my credit took a huge dive when my husband made one bad decision after another and left us in serious debt with no way to really resolve the problems on only my income. I would rather rent an apartment closer to my employer, but worry that my credit rating will prevent me from getting anything but the slummiest places. Has anyone had any experience with this, and can you give me some pointers?

2 Answers

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  • 1 decade ago
    Favorite Answer

    Try renting from individuals instead of apartment communities. Most landlords don't care about your credit as long as there is no eviction nor a foreclosure.

  • j h
    Lv 5
    1 decade ago

    sometimes subletting doesn't run credit, also many small time landlords dont know how or dont spend the $$ to run one - look for non-agency aprtments in houses, or even roomates ads for a large house with single woman or something... also, despite what people say many times you are money ahead by renting cuz, no home insurance, no taxes, & no repair costs

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