Jump to content

house after foreclosure


anthonyo
 Share

Recommended Posts

You can get into a home after 1 year post Foreclosure. Get all of the information on the FC however, because some lenders go from the final sale to a new owner date as the date of the FC.

If you have re-established your credit-did not go BK-then you can get a new home loan. Depending on what your credit score you might have to put money down or have the owner carry a 2nd mortgage so that the LTV (amount of the purchase price you are borrowing) is less than 100%.

Charles

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.