Tag Archives: foreclosure

I have a foreclosure, can I still buy a house?

Two years ago I had a foreclosure, my income has increased and the reason for the delinquency on my prior loan was due to complications in my pregancy that put me on disability for six months. We are living in a rental but the landlord was using our rent money to pay the mortgage on his personal home and now the hose we live in is foreclosing. There are many houses in our area selling for dirt cheap, I’m talking like k-5. Do I have a chance to buy another house?

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    If you buy a property in foreclosure and the owner files for bankruptcy but the bank sales. What happens next?

    If you buy a property in foreclosure and the owner of the property filed for bankruptcy but the bank sold it. And then the bank tells the person who bought it from the bank that it being filed as emergency court hearing to put bankruptcy aside. The person who bought the property can ask for any damages from the bank? Since they should have known about the bankruptcy and not sold this property.

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