Per FHA it is 2 years from a BK and 3 years from Foreclosure. So wait 3 years from the Sale date of your foreclosure.
contact me with questions.
Jacob Haddan
Freedom Financial
303-663-5266 http://www.activerain.com/jhaddan

You have to wait ZERO years and ZERO months and ZERO weeks. You can buy another home right now, but you need to know what you are doing or have a broker who knows what s/he is doing, you need some cash for a down payment, a job or some provable means that you can make the payments, and you need to be totally honest and above all, reasonable as to what/where you are buying and the price you're paying. (Can't expect great bargains though if you or your agent work very very hard even that is possible.)

Currently you need 1 year from a chapter 13 bankruptcy, two years from a chapter 7 bankruptcy and 3 years from foreclosure. In each case you need to have reestablished credit and meet certain credit requirements. Contact me and I can help you either determine now if you can get approved for financing or I can tell you exactly what you need to do so that when it's time you meet the credit requirements to get financed.

Ben DeHaan
616-363-0585

If you are rebuilding your credit after the foreclosure/bankruptcy has been discharged, check with a reputable lender. They can walk you through the process of rebuilding your credit to put you in a position to be able to buy a home in the next couple of years. It is not impossible to do. Please call me or email me and I will be happy to refer you to a great lender that can hold your hand and help you responsibly get back on the right track. Homeownership is possible for you again!

difficult question to answer because a bankrupcy will affect your credit score and not necessary stop you from buying a home. if you had the money to buy a house with cash you could but since most people need some sort of financing it will usually affect you for over 10 years from major banks but you might be able to get financing from a smaller bank under 10 years.

if you have any further questions or concerns, please call me at 866-801-2340. Have a great weekend!

Best Regards,

Dave VDovick