Posted on: 15th Jul, 2010 03:01 pm
I have filed for divorce and just received an unexpected inheritance, my lease is up soon and I would like to buy a house. Do I have to wait for the divorce to be final? I live in arizona and so does my husband.
I have a discharged bankruptcy in the past year, and also a house going through reposession. Great payment history on the bankruptcy (until I gave up because the house was so underwater). I didn't have any other debt on the bankruptcy other than debt related to my house (no credit card debt).
I have appr. $15,000 to put down on a home, will a mortgage company even talk to me? How about with a co-signer? I have a great rental history for one year, and am paying the equivalent of a house payment in rent.
payment in rent every month
I have a discharged bankruptcy in the past year, and also a house going through reposession. Great payment history on the bankruptcy (until I gave up because the house was so underwater). I didn't have any other debt on the bankruptcy other than debt related to my house (no credit card debt).
I have appr. $15,000 to put down on a home, will a mortgage company even talk to me? How about with a co-signer? I have a great rental history for one year, and am paying the equivalent of a house payment in rent.
payment in rent every month
It sounds like you may have included a mortgage in the bankruptcy ("... house was so underwater" and "... debt on the bankrupcy... related to my house"), if so, then that is considered a foreclosure and requires 3 years to elapse from the time they legally took back posession of the home (check with the county clerk/recorder).
