Can I buy a house in texas with a judgement from 2005 on my credit report?

Question

Can I buy a house in texas with a judgement from 2005 on my credit report?

Answer 1

Also remember that unpaid judgements can be renewed at the 10 year mark for an additional 10 years.

Answer 2

Although the judgement will stay on your report for 7-10 years your score is hardest hit during the first 2 years.

Have you made good on the judgement against you or is it still outstanding? If you have otherwise good credit (existing accounts), good job tenure and good verifiable income you should still be able to secure a mortgage. The potential still exists that you may get higher interest rates.

Answer 3

No, judgments must be paid first.

The reason for this is the company that has the judgment can file a lien on the home.

No lender will put theirselves in that position.