Zillow Advice: FHA and VA Loans - How long to buy a house after foreclosure and Bankruptcy chapter 7? http://www.zillow.com/advice-thread/How-long-to-buy-a-house-after-foreclosure-and-Bankruptcy-chapter-7/442035/ Zillow Advice | Zillow Real Estate You would just have to wait ... http://www.zillow.com/advice-thread/How-long-to-buy-a-house-after-foreclosure-and-Bankruptcy-chapter-7/442035/ You would just have to wait 2 years after the discharge. The foreclosure property (if it's a property involved in the BK) may take a year or two to actually transfer to the bank. <em>[self promotion&nbsp; deleted by Zillow moderator. Please see our Good Neighbor Policy for posting guidelines]</em> Thu, 15 May 2014 21:22:00 GMT http://www.zillow.com/advice-thread/How-long-to-buy-a-house-after-foreclosure-and-Bankruptcy-chapter-7/442035/ 2014-05-15T21:22:00Z 2 Years with us.&nbsp; http://www.zillow.com/advice-thread/How-long-to-buy-a-house-after-foreclosure-and-Bankruptcy-chapter-7/442035/ 2 Years with us.<br/><br/>&nbsp; Thu, 15 May 2014 15:03:00 GMT http://www.zillow.com/advice-thread/How-long-to-buy-a-house-after-foreclosure-and-Bankruptcy-chapter-7/442035/ 2014-05-15T15:03:00Z Bankruptcy chapter 7 = 2 ... http://www.zillow.com/advice-thread/How-long-to-buy-a-house-after-foreclosure-and-Bankruptcy-chapter-7/442035/ <p class="MsoNormal">Bankruptcy chapter 7 = 2 years with us.</p><p class="MsoNormal">It can be confusing and deflating to consumers who have to wait 2-7 years after the unfortunate incident of a Foreclosure or Short sale or Deed in Lieu. Most of these consumers are now renting from a landlord or are living with family or friends to have a roof over their head. However there is a solution to help these consumers get back the Pride of Homeownership and Not have to wait years to buy their home again. Feel free to contact me so I can share the right path to your new home goals.</p> Wed, 14 May 2014 20:37:00 GMT http://www.zillow.com/advice-thread/How-long-to-buy-a-house-after-foreclosure-and-Bankruptcy-chapter-7/442035/ 2014-05-14T20:37:00Z I had to wait just 2 years ... http://www.zillow.com/advice-thread/How-long-to-buy-a-house-after-foreclosure-and-Bankruptcy-chapter-7/442035/ I had to wait just 2 years before I was eligble.&nbsp;[Hotlinks removed by Zillow moderator. Please see our Good Neighbor Policy for more information.] Thu, 12 Jul 2012 17:46:00 GMT http://www.zillow.com/advice-thread/How-long-to-buy-a-house-after-foreclosure-and-Bankruptcy-chapter-7/442035/ 2012-07-12T17:46:00Z Be careful.&nbsp; You stated ... http://www.zillow.com/advice-thread/How-long-to-buy-a-house-after-foreclosure-and-Bankruptcy-chapter-7/442035/ Be careful.&nbsp; You stated that a foreclosure was included in your BK.&nbsp; If the foreclosed prior to the BK (meaning the home was sold and is no longer in your name) then you have to wait 3 years from the date of the Foreclosure and 2 years from the date of the BK discharge.<br/><br/>If the house was not foreclosed on and you actually still own the home then the Foreclosure clock has not started ticking yet.&nbsp; Even though you no longer are responsible for payments on the house due to BK you may still technically be the owner.<br/><br/>Make sure you have the paperwork showing the transfer of the property out of your name.&nbsp; You should have received a notice from the court stating that the house was up for auction a specific date.&nbsp; You can then access county records to see the transfer of the property out of your name.&nbsp; Also make sure you have you full BK filing and the notice of discharge.&nbsp; Many of the credit bureaus have dated information and your lender may need to have the reports updated.&nbsp; They can only do this with documentation.<br/><br/>Good luck Sat, 12 May 2012 19:18:00 GMT http://www.zillow.com/advice-thread/How-long-to-buy-a-house-after-foreclosure-and-Bankruptcy-chapter-7/442035/ 2012-05-12T19:18:00Z A foreclosure was included ... http://www.zillow.com/advice-thread/How-long-to-buy-a-house-after-foreclosure-and-Bankruptcy-chapter-7/442035/ A foreclosure was included in my bankruptcy chapter 7, how long is the real time for FHA 2 or 3 years? Thank you&nbsp; Fri, 11 May 2012 14:44:00 GMT http://www.zillow.com/advice-thread/How-long-to-buy-a-house-after-foreclosure-and-Bankruptcy-chapter-7/442035/ 2012-05-11T14:44:00Z With Chpater 7 Bankrupty ... http://www.zillow.com/advice-thread/How-long-to-buy-a-house-after-foreclosure-and-Bankruptcy-chapter-7/442035/ With Chpater 7 Bankrupty typically 2 years for FHA financing and 4 years for conventional.&nbsp;&nbsp; Sometimes shorter periods are allowed if there were extenuating circumstances.<br/><br/>Foreclosure will be 3 years for FHA financing and 7 years conventional. Wed, 09 May 2012 01:19:00 GMT http://www.zillow.com/advice-thread/How-long-to-buy-a-house-after-foreclosure-and-Bankruptcy-chapter-7/442035/ 2012-05-09T01:19:00Z