2 Comments June 22nd, 2010

Can you still get a home loan if you have had a foreclosure?

Susan B asked:


We had a home it was in really bad shape. So we filed bankruptcy (a long with credit cards) It wasn’t because we couldn’t make the payment, we couldn’t do the repairs.We would like to buy again. But don’t know if we can get another loan. If anyone knows anything about this please let me know what our options are. Thank You and God Bless!!!!

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2 Responses to “Can you still get a home loan if you have had a foreclosure?”

  1. lorijotx Says:
    June 24th, 2010 at 3:12 am

    It depends on how long it has been since you had the foreclosure. Anything less than 7 yrs and I doubt anyone will touch you, I’m thinking it may be 10 yrs (like a bankruptcy).

    House next door to me is that way, owner bought a new one before letting this one get foreclosed on. It’s been vacant for nearly 18 months. No A\C, plumbing problems and one ‘Lookie-Lou’ told me bad water heater. I can only wonder what is now going on with that family, they have 5 kids all age 12 and under. With the foreclosure on the family record, it can’t be roses.

  2. Maia Says:
    June 25th, 2010 at 3:00 am

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