rd: Can you buy a house after bankruptcy?
- 09/16/13 11:52 PM
If you have some credit problems in your past, you may be wondering if you can buy a house after bankruptcy. YES YOU CAN! Bankruptcy is like a fresh start. The past is the past and you move on from there. There are things you need to do in order to prepare for a home purchase and certain rules about how long you must wait in order to be eligible for home financing. The most important thing you can do after your bankruptcy is final is to re-establish credit. If you had credit accounts which had been around for awhile with … (2 comments)
rd: How will a potential government shutdown REALLY affect us?
- 07/28/11 06:53 AM
Aside from all the other concerns like the US credit rating and long term effects on the economy, what will really happen to affect what we do every day which is list and sell houses, provide mortgages and close loans? Our mortgage pipeline is covered, but there are several areas which WOULD be affected in the event of a government shutdown. FHA case numbers - We need one for every FHA loan before the appraisal can even be ordered. If you are in the process of writing a contract with FHA financing, please notify your lender so that they will be able to … (3 comments)
www.peggyloans.com Peggy Wilson, Michigan mortgage banker offers useful tips for daily living. She explains different loan programs, translates mortgage guidelines into understandable language and helps Realtors get their deals to the closing table with the least amount of hassle.
If you have some credit problems in your past, you may be wondering if you can buy a house after bankruptcy. YES YOU CAN! Bankruptcy is like a fresh start. The past is the past and you move on from there. There are things you need to do in order to prepare for a home purchase and certain rules about how long you must wait in order to be eligible for home financing.
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