Lisa,
I represent many sellers that would be open to sell to you even in your situation. I am sure there is a reason for your bankruptcy, as with most lately, and my clients understand that. Contact me if you are interested, and I will get you a list of homes that fit your needs.

Abraham Mills
Exit Upstate Realty
(864) 404 5424

To piggyback on the first answer.....bare in mind a lot of lease options or owner financing want you to be able to finance the home yourself in a specific time period. That time period can be 6-24 months. So if you negotiate such a deal, leave yourself enough time to "recover" from the bankruptcy and secure your own financing.

Roslyn Ferrell
803-513-7222
rferrell@cbunited.com

Lisapatillo,

Unfortunately, based on the fact that you recently filed for bankruptcy, your options are limited. You may want to consider owner financing as you mentioned, and possibly a lease with a purchase option.

The issue that you may run into even with owner financing or a lease option is that most sellers will run a credit check and may be wary of your recent bankruptcy filing.

Also there are risks to either of these types of transactions. With both options, there is a risk that the owner may take your monthly payments and not pay the mortgage lender and the house could be foreclosed on by the bank. With a lease with a purchase option your option payment is usually non-refundable and will only be applied to the closing on the home you lease if and when you are able to get a loan and purchase the home.

Unfortunately, your situation really limits your options. If you like to discuss your options in further detail or there is anything else I can help you with, please let me know.

Thank you,

Nate Blankenship, REALTOR®
Listing & Technology Specialist
The Gardner Team
Keller Williams Realty
Direct: 864-497-3131
nate@HomesInTheUpstate.net
Fax: 864-486-1619
Web: http://www.HomesInTheUpstate.net