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Buying a new home / house after ch 7 BK (still on title to old home)
I was discharged from a chapter 7 BK in 2009. I had two homes that I did NOT re-affirm. However I did a loan modification with both lenders after the BK. I am NOT liable for the loan, and it does not report to credit. It was an agreement that the bank would not foreclose if I choose to make payments....
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Home Sellers Become Lenders to Credit-Poor
May 11, 2011
Sue and Douglas Reed knew no bank would give them a mortgage -- not with a bankruptcy and two foreclosures fresh in their credit history.
They turned to Hilarie Walters, whose childhood home on 15 acres (6 hectares) in Marshall, Michigan, had been on the market...
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America's most overvalued - and undervalued - cities
January 11, 2011
NEW YORK (CNNMoney) -- Can a housing market simultaneously be the most undervalued in the nation and one of the worst housing buys? It can if it's Las Vegas.
Sin City recently drew a rating of "Frankly Dangerous" -- the worst possible -- from...
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