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Lisa, Other/Just Looking in Merrick, NY

I just did a bankruptcy an my house forclosed in june of 2008 my credit score is 485 the bankruptcy will

Asked by Lisa, Merrick, NY Sun Feb 22, 2009

discharge in april what can I do topurchase a home in the future. thanks missingchelsea@ .com Ask the real estate community and get an answer

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2
Lisa, the name is WAIT--it will be a couple of years--at least 2 before you will be able to be back in the homebuying market. At least that is the quote I have heard from various sources. Depending on what the rest of your financial situation is and what you do to rebuild your credit over the next couple of years--it is a good time to get it right this time--you have a clean slate to write on.

Good luck, and know that you have a lot of company!

Myke Triebold
http://www.DestinHomeSale.com
email to MykeSaysSold@aol.com
850-305-6256
Web Reference: http://www.MykeTriebold.com
1 vote Thank Flag Link Sun Feb 22, 2009
Lisa,
Great question!
I would suggest you consult with a Mortgage professional to discuss this topic.
Rick.
0 votes Thank Flag Link Sun Feb 22, 2009
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