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starting over

Discussion in 'Foreclosure, Repossession, Auctions, Short Sales' started by vixbrats11, Apr 28, 2012.

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  1. vixbrats11

    vixbrats11 Law Topic Starter New Member

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    my husband and i have gone thru bankrupcy foreclosure and now eviction within the last year. how long do we have to wait to purchase another home.
     
  2. disagreeable

    disagreeable Well-Known Member

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    Until you can afford one and get a lender to give you a loan if you need one.
     
  3. mightymoose

    mightymoose Moderator

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    A bankruptcy certainly is nit good, but my understanding is that they don't hurt white as much as they used to... perhaps a result of so many people victimized by the housing bubble.
    You should probably expect to wait at least five years. You will still pay higher rates, but should be able to find a lender.
    If you save enough to make a 20% down payment, or more, you can likely get an excellent loan for the rest. What you won't find are sweet deals with no down payment and low fees.
    The longer you wait the better the offers, but you won't have to wait for the bankruptcy to go off your record.
    All this is assuming you do not accumulate other debts in the mean time.
     
  4. Unregistered

    Unregistered Guest

    Someone ought to alert the the families of the vimitcs, the media and Penn State about what McIntyre is doing.Steve McIntyre and his ilk (e.g., Ross McKitrick) are morally bankrupt. No words can describe my anger at this uncalled for action by McIntyre who is knowingly trying to capitalize on (and benefit from) the suffering and pain of sexual assault vimitcs. Absolutely disgusting in the extreme.Rob is correct, history is going to judge McIntyre and his ilk very harshly. In fact, I hope a court of law judges McIntyre harshly in the very near future.
     

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