U.S. homes you can buy with a credit card
Prices are continuing to slide. For brave bargain hunters, here are 10 homes one can put on plastic.
In the U.S., with transactions scarce, desperate sellers are dropping prices. Such prices allow select buyers to use their credit cards to purchase them. Today, even with credit tight, American Express, Visa and MasterCard offer cards with a $100,000 limit, and often more, to those with an outstanding FICO score. Most sellers won't take plastic, but they will accept cash. For someone who isn't liquid enough to have $100,000 cash, but doesn't want to miss out on a steal of a deal, taking out a cash advance can be a useful alternative. Given interest rates on credit cards, however, this should only be considered if you'll be able to pay off the debt within a few months.