2007-02-15 10:17:42 · 6 answers · asked by LARRY T 1 in Business & Finance ➔ Renting & Real Estate
You'd need to ask your lawyer to be sure but probably not. You will have to list all properties you own and anything that's been transferred (even sold) in the last year or so.
2007-02-15 10:21:17 · answer #1 · answered by Trouble's Mama 5 · 0⤊ 0⤋
Yes you can purchase after a BK. Recent years it has been easier to do but with the Subprime Lenders are cutting down and making harder for these loans to happen. If you have 20% down you may have to go HardMoney until you establish a Better FICO score. If your FICO score did not take a nose dive after the BK than possibilty of obtaining a Higher Loan To Value(LTV) against the property. Talk to a seasoned Subprime Broker and watch out for the Pointes these snakes like to bit and bit hard. Good luck and questions please contact me
2007-02-15 18:31:43 · answer #2 · answered by Openthathouse.com 4 · 0⤊ 0⤋
No, lenders will require that you be out of BK. You can purchase a home one day out of BK, but that's it, you're going to have to wait.
2007-02-15 20:00:41 · answer #3 · answered by kelly h 3 · 0⤊ 0⤋
I would suggest you read the article "New Bankruptcy Law – Where’s The Consumer Protection?" you can view it at:
http://www.sandiegolawyerforyou.com/san-diego-bankruptcy-law-update.htm
http://www.las-vegas-nevada-lawyer-attorney-legal-injury-defense-directory.com/las-vegas-bankruptcy-lawyers.htm
http://www.san-francisco-oakland-bay-area-lawyers-attorneys-directory.com
http://www.san-jose-ca-lawyers-attorneys-directory.com
http://www.sacramento-ca-lawyers-attorneys-directory.com
http://www.la-orange-county-lawyers-attorney-directory.com
http://legal-advice-library.info/blog
http://www.austin-texas-lawyers-attorneys-directory.com/austin-legal-services.htm
http://www.san-antonio-texas-lawyers-attorneys-directory.com
http://www.brokerforyou.com/san-diego-real-estate-sales.html
2007-02-15 18:55:33 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Sorry you can't do that, 1 day after BK okay.
2007-02-15 18:22:55 · answer #5 · answered by ron d 3 · 1⤊ 0⤋
As long as a mortgage company will give you a loan.
2007-02-15 18:21:28 · answer #6 · answered by Alterfemego 7 · 0⤊ 1⤋