After foreclosure how long do you have to wait before purchasing the next home?
Doesn't that depend on your personal situation? If you got cash you can buy one straight away.
FHA and all other Government home loan programs require 1 year after a chapter 13 BK and 2 years on a Chapter 7. Typically after foreclosure, the borrower will have to wait a minimum of 3 years. In all cases, you had better make sure that you have a documented rental history with No Late Payments.
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