Picture of the City

Can I Buy A Home After Bankruptcy?

A home is most people"s prized asset and their most valuable. I"m often asked can I buy a home after filing for bankruptcy or do I have to wait ten years? The answer to that question is yes you may purchase a home after filing bankruptcy. Most lenders in house regulations require a time period of over 12 to 24 months to expire before they will consider you for such a large ticket purchase. With that being said, develop a good relationship with your lender; maintain a positive payment history post petition and you too can be well on your way to home ownership.

Rick Hodge discusses purchasing a home after a bankruptcy.

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