http://www.trulia.com/voices/Home_Buying/removed-144093This question was removed by its author.en-ushttp://www.trulia.com/voices/profile/Real_Estate_Pro-Orange_County_CA-703102/http://www.trulia.com/voices/profile/Real_Estate_Pro-Orange_County_CA-703102/Elsie, There are multiple ways to buy property and you should explore all your options once your BK is finalized. You may find a seller who will offer to finance the property for you the week after you file for bankruptcy. The market and the government are constantly changing right now so it's hard to give a definite answer. Good luck. -AZFri, 10 Jul 2009 11:51:44 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Orange_County_CA-631056/http://www.trulia.com/voices/profile/Real_Estate_Pro-Orange_County_CA-631056/Hi Elsie, Boy....good question! The short answer is "who knows." The guidelines used to be about 2 years of good credit after a BK for an FHA loan. Not sure if the guidelines are going to change. % will have to depend on market forces at the time of the loan. One thing that's very important is to reestablish credit as soon as you can. Get 3 new accounts.....mastercard, stores, gas etc. You can get secured cards and start using them. What you do is keep a small balance and make minimum payments...so it shows good credit. That's going to go a long way to improve your score quickly. I also think that many people are going through this right now....at some point, the lenders will look differently at this period of foreclosures and BKs....maybe not, but I think it's going to be easy to explain things from this time period! The important thing is that you are out from under the burdens......I'm sure the rest will take care of itself! You might find yourself a good lender to advise and guide you over the next couple of years, I have one who would be happy to talk with you and give you ideas on building credit. Enjoy your summer, KarenThu, 09 Jul 2009 10:15:15 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-70461-250734/http://www.trulia.com/voices/profile/Real_Estate_Pro-70461-250734/You will have to wait at least 2 years after the discahrge of your bankruptcy.Thu, 09 Jul 2009 09:54:36 -0700