3 years
Never.....
3 years
Yes. And you may be able to buy it without a co-signer.
House Hunters - 1999 A Neglected Home in Foreclosure Tempts Atlanta Buy was released on: USA: 8 December 2010
Depends on how long it takes you to raise your credit score back to an 'excellent' rating and save enough money for a down payment.
It actually depends on your state, as the foreclosure laws are set by state. There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure.
Yes, you can still buy another house with cash even if your old house was in foreclosure. Foreclosure does not prevent you from purchasing property outright with cash, as long as you have the funds available. However, it may impact your credit score and could make it more challenging to obtain a mortgage in the future if you choose to finance a home. Always consider consulting a financial advisor for personalized advice.
You can buy a home after foreclosure without a cosigner as soon as 6 months after a foreclosure 12 months if it's also a bankruptcy. The issue is the interest rate. Unfortunately a cosigner doesn't seem to help much in getting the interest rate better. The good news is that in the current market, you are bound to find plenty of homes for rent very cheap. Many times below what the interest rate is. If you are younger you still have many years to rebuild your credit and hopefully you can get back into your own home with a reasonable rate in 7-8 years after your foreclosure. You can buy a home after foreclosure without a cosigner as soon as 6 months after a foreclosure 12 months if it's also a bankruptcy. The issue is the interest rate. Unfortunately a cosigner doesn't seem to help much in getting the interest rate better. The good news is that in the current market, you are bound to find plenty of homes for rent very cheap. Many times below what the interest rate is. If you are younger you still have many years to rebuild your credit and hopefully you can get back into your own home with a reasonable rate in 7-8 years after your foreclosure.
you could buy another house or sue the people and ask why are they doing this
If our home is in foreclosure,and never reaffirmed the debt through chapter 7-how will it affect us getting a home?
Normaly your credit history will be damaged for 7 years.
I don't know anything about this but i don't see why not she wouldn't be able to!.Do what it do!