Was the BK a Chapter 7 or Chapter 13? If you did a Chapter 7 it's going to be 2 years from your discharge date. If your doing a chapter 13 you could possibly get a loan a year into the BK.
Was the Short Sale included in the BK? 2 years from the Short Sale transferred ownership.
To get a more accurate picture of your specific situation you would have to get in contact with a lender have them pull your credit. Form there they would be able to tell you what needs to be done to be able to purchase in the near future.
I also work with a company that does credit repair.
If you need help getting in contact with lender. Feel free to contact me and I will be happy to refer you.
Best of Luck,
Barrett & Co., Inc.
I am a local Lender here in Las Vegas, NV...
Depending on your complete scenario (with the BK and Short sale), you may be required to wait a specific number of years before qualifying for a loan.
Give me a call so I can guide you to the right direction.
All Western Mortgage
Keller Williams Realty
If you are over 62 years old, you can look at a reverse mortgage. No credit check. You need income to pay the down payment, taxes and insurance. No more payments for life. What a deal.
I suggest you do not pay any money to "Fix Your Credit" or to a lender promising you something different. Let the lender get paid at closing after the loan has funded.
Get into a long term rental lease to protect you from rising rents. Wait for the next real estate crash and be ready with your cash. That is just what the investors are doing. Those with cash are buying. Them without cash are stock piling for the next crash.
I hope that helps.
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Please contact me immediately if you know a person that cannot make their mortgage payments. I will work with them to avoid foreclosure or bankruptcy at no charge or fees to them.
Steven Goldman, CRS
Certified Distressed Property Expert (CDPE)
Certified Default Advocate (CDAT)
Certified Short Sale Professional (CSP)
Certified Probate Real Estate Specialist (CPRES)
GRI, ABR, SRES, CNHS, PM, CCI
Realty One Group
10750 W. Charleston #180
Las Vegas, NV 89135
If you need the name and number of a lender, email me and I will give you this information - I use a couple of different lenders. Wish you the best....KL...
Urban Nest Realty