I filed Chapter 13 in 2008 but surrender the home back to the Lender. The property sold April 2009. Nov. 2010, I filed Chapter 7, discharged 1,2011.

Asked by Inamess, Murfreesboro, TN Wed Aug 24, 2011

My situation:Purchased a home in April, 2006 and was only able to live in the home for 1-2 months due to Excessive Mold and Mold Spores. I purchased the home from a Real Estate Agent/Owner who flipped the property. She did "not" disclose; Sump Pump, Open Sewer Clean out pipe in the crawlspace under the home, flooding from rainwater runoff, cracked foundation in several places, plus when I found where the rainwater runoff was entering the crawlspace under the CH/A system, we removed the outside unit to find excessive MOLD inside the duct work. I then contacted a Mold Specialist and had a Mold Report done. It showed severe Mold Counts inside and under(crawlspace) the home. I then hired an Attorney and filed a Ligation against the Sellers/agents/owner(all the same one) Then after paying him $11k I got tired and release him even though she admitted in Depositions all.I filed Chapter 13 in 2008 but surrender the home back to the Lender. The property sold April 2009.How long before I can buy

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Jessica King’s answer
Jessica King, Agent, Brentwood, TN
Wed Aug 24, 2011
I am SO sorry this happened to you! It hurts my heart to know that some Realtors are not honest like they should be! A lender would be the best person to talk to about your situation, since the foreclosure date as well as the bankruptcy date will have to be considered. I am a Realtor in Murfreesboro and I would love to help you when the time comes for you to purchase. I also know of some great local lenders if you need one!
If you have any questions feel free to contact me!

God Bless!
Jessica King
Cell: 615-971-1006
Exit Realty Main office: 615-220-0700
JessicaKingTeam@aol.com
0 votes
Rodney Mason, Mortgage Broker Or Lender, Atlanta, GA
Wed Aug 24, 2011
For a Chapter 7 Bankruptcy, FHA requires at least 24 months must have elapsed since the Discharge Date. That would put you at February 2013.

Regards,
Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
rodney.mason@prospectmtg.com
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia
Web Reference:  http://www.rodneymason.com
0 votes
Rodney Mason, Mortgage Broker Or Lender, Atlanta, GA
Wed Aug 24, 2011
FHA guidelines require that at least 36+ months must has elapsed since the foreclosure date. You would need to find the actual foreclosure date to know when you might be able to purchase.


Regards,
Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
rodney.mason@prospectmtg.com
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia
Web Reference:  http://www.rodneymason.com
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