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Mortgage After Foreclosure

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Icon Mini Profile capragal





Joined: 11 Jun 2011

Posts: 1

1.33 Dollars($)
Post Posted: Sat Jun 11, 2011 12:36 pm    Post subject: Mortgage After Foreclosure
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My house foreclosed in April 2008 but did not sell until June 2009. This was due to divorce. When will I be able to buy a home again? Also, when the home went into foreclosure I was not living there, but the x-husband was. The "X" was suppose to refinance the home in his name. He moved in the home and I moved out and the "X" NEVER made a mortgage payment. The "X" lived in the home without paying a dime for 6 months. I learned about the foreclosure when they sent a letter to me via courier service,
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10439
Location: Alaska
985.83 Dollars($)
Post Posted: Sun Jun 12, 2011 9:22 pm    Post subject:
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Hi capragal!

Welcome to forums!

After 3-4 years have passed since your foreclosure, you will be able to qualify for a mortgage to buy a new home. However, you will have to improve your credit score in the meantime in order to qualify for a mortgage.

Feel free to ask if you've further queries.

Sussane
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