How soon after foreclusure can I buy another house?
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December 29th, 2009 at 9:30 pm
3 years. Foreclosure is not nearly as bad as bankruptcy.
Good Luck
December 30th, 2009 at 9:10 pm
Three Years , its not a good idea
Check Out This
January 2nd, 2010 at 8:41 am
you will have a job to get another morgage and if you do the interest will be sky high
January 2nd, 2010 at 9:05 am
Usually it takes 2-3 years for a lender to work with you again. And I believe it takes 7 years for the foreclosure to fall off your report, but I could be mistaken on that. Either way, if it’s been over 2-3 years and your credit is in good shape, you should be able to qualify, but if your credit was not rehabbed, I would focus on that first before you start applying. Know what your credit is, and look at websites like fha.gov and fha.com for program qualifications. Fha is more ilberal with credit, so it’s something to look into, hope this helps and let me know if you have any more questions