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Chapter 7 bankruptcy. Leslie Tayne, attorney and founder of Tayne Law Group in Melville, New York, says you’re eligible for a mortgage a few years after a Chapter 7 discharge of debt.
Type of bankruptcy. What it means for you. Chapter 7. Often referred to as liquidation, this type of bankruptcy means selling off your non-exempt assets to repay your debt.
Having a bankruptcy on your record can feel financially restricting. Declaring bankruptcy can cause your credit score to drop significantly and will stick around on your credit report for up to 10...
When the remaining mortgage balance is higher than the actual home value, the foreclosing party is unlikely to attract auction bids at this price level. A house that has gone through a foreclosure auction and failed to attract any acceptable bids may remain the property of the owner of the mortgage. That inventory is called REO (real estate ...
Nowadays, it’s hard to buy a house that doesn’t come with a homeowner’s association (HOA). And while HOAs can help you maintain property value, they can also impose lots of rules on your ...
“Buying a house has ruined me financially.” Don't miss Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in.
In order to help you with your home-buying checklist, I interviewed 21 different experts on the top thing they wish they knew before buying their first house.
‘Run for your life’: Why this expert says if you’re buying a house for this 1 specific reason, you might as well rent forever Chris Clark April 20, 2024 at 6:45 AM