Yes, you will have to wait three years in order to get a home loan. However the loan may be higher then normal loans fees and you can a stronger chance of a rejection.
A foreclosed home can take seven years before it is taken off your credit report. You can build your credit back up in about three years if you continue to pay all your bills on time.
If the home foreclosed on happened more then two years ago you should be in the clear. A silent partner is probably the way to go.
This answer will vary by state and depends on the situation. In one-action states such as California, if a lender foreclosed they cannot pursue the borrower further. If a first foreclosed the second is free to persue the borrower. In California the statute of limitations for collection of a debt is 7 years.
If your home is foreclosed you won't be able to qualify for Fannie Mae and Freddie Mac for a least 5 to 7 years. Just so you know that this two company are the reason why majority of the home went in foreclosures. Save up enough cash and paid for the rest. Thanks to them!
On the tv news, I have seen auctions on the front steps of a courthouse, but I am more familiar with foreclosed homes listed on the web. Years ago, I used to check the listings of foreclosed homes online. Some of the websites are free, and others costs $. I checked a search engine to come up with these. There are dozens of them: http://www.foreclosure.com/ http://www.hudforeclosed.com/ http://www.hud.gov/homes/homesforsale.cfm
Minnesota has one statute of limitations for misdemeanors. It is set at 3 years.
The legal age to get married in Minnesota is 18 years. If you are a minor, who is 16 or 17 years old, you need your parental consent.
153 years. in 2011.
There are over 75 million homeowners in the United States. This is done from previous years as many homeowners have been foreclosed on.
2 years
Four years
18 years old.