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anyone buy a house after bankruptcy ?

Answer Question

Asked by Anonymous at 4:36 PM on Jan. 13, 2011 in Money & Work

Answers (7)
  • we are...looking right now. We already talked to the realotr and seen what we are approved for...the bankruptcy was in his name and the new home will be in both our names.

    Answer by hill2 at 4:39 PM on Jan. 13, 2011

  • Yes, but 8 years have passed and the bankruptcy was no longer hurting my credit score

    Answer by Mom2Jack04 at 4:49 PM on Jan. 13, 2011

  • yep! hubby filed 3 years ago and we started flipping houses a year later with no problem! we've bought and sold at least 16 houses last year alone!

    Answer by Caroline2010 at 5:04 PM on Jan. 13, 2011

  • Nope. But I know of people that have.

    Answer by Erica_Smerica at 7:05 PM on Jan. 13, 2011

  • My DH filed 10 years ago, he is now refing with me, and he has a credit score of 801.

    Answer by Candi1024 at 10:53 AM on Jan. 14, 2011

  • Caroline2010- what was the interest rate on your home when you got your house? What bank were you able to get financed with?

    Comment by Anonymous (original poster) at 5:34 PM on Jan. 14, 2011

  • I'm filing and was told by my attorney that you can qualify for an FHA loan after 2 years. I'll probably try looking once I am done with school so hopefully 3-4 years after I file. But I have heard of people buying homes shortly after. Just be smart about interest rates, loan terms, and what you are getting into and you'll be fine.

    Answer by SwePea at 11:39 AM on Jan. 31, 2011

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