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Old 08-20-2009, 03:19 PM
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Default Life after foreclosure?

I have filed bankruptcy thinking i could keep my house and my car. But now have to let house and car go back because some things in my life have changed. I really do not want to rent. I have an opportunity to get a house on a land contract. For a good price. It would be for 7 1/2 years. My worry is in 7 1/2 years will i be able to get a loan to pay it off. I will get house for 100,000. Worth now around 120000 to 130000. Needs a little TLC. Built in 2005. Would this be a good idea or bad idea?? will i be able to get loan to pay it off in 7 1/2 years???WOW mark w. I had the home appraisal.
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