How long after a foreclosure can you buy a house?
A realtor told me people buy a house a year after a foreclosure. Is this true?

I own lived in apartments for 3 years near no late payments (good rental history).

Unfortunately I made a critical mistake (call it human being young and dumb).

I bought a house when I be 21 and decided that it be too much for me.

Instead of selling it, I turn my house over to my parents who are landlords for other properties in the area(they be to keep adjectives the profits when if they/I decided to public sale it).

To make a long story short, they terminated up losing their business and are now stuggling themselves.

So they tolerate my house go below without recounting me and now it's on my credit planned as a foreclosure (I found out 6 months after the fact). :(

I'm debating on rather to broke or not...

I want another chance at home ownership (now that I am elder and more responsible). What should I do? How long before I will be capable of buy again?

---

Answers:    Check with a mortgage company. Hopefully inside the last three years you own built positive credit besides rental, that will not be enough. But check next to a mortgage company, the loan officer will be able to make a contribution you more information about this subject. Good luck.

---

I'd try tomorrow
More question :

• Debt consolidation. What have be your experience. does it really reorganize your credit. Or does it verbs it? I have found myself for a time inundated in debt which is
• How can my husband and I modernize our credit score? Our current lease expires in three months and we'd approaching to get
• Can bailiffs rob my boyfriends sports car when debt is contained by my sole mark?
• how can you build credit? I am 20, and have undeniably no credit..I don't have fruitless credit..i
• Credit Debt? I have below $5000 in debt, and I want to be paid