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How can I buy a house in my situation?

Profile picture for MikeNewton Jr
I lost a home 5 yrs ago to forclosure. I had a 1st and a 2nd. The 1st was forclosed on, but I recently found out that they didn't on the 2nd so it is still outstanding. Is there any way to buy and if not what do I need to do fix my situation? My financial situation is much better now than it was then, but I'm sure this will mess me up.
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August 08 2011 - Ball Ground
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Answers (2)

Profile picture for TC_at_PNC_Bank
Glad to look into it for you if you like, but I don't have an easy answer for you on this one.  Depends on several factors.  If the second is reporting late for all this time, your scores must be about as low as it can go.  Feel free to reach out.
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August 10 2011
Profile picture for wordsmth

I'm not sure it matters much, if at all, at this point whether the 2nd was foreclosed upon. I'm guessing the foreclosure of the 1st shows on your credit history and that you lost your house.

Check with a lender. After 5 years with a "much better" financial situation, you might be in a position to buy again.

Good luck.

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August 08 2011
 

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