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08-20-2007, 01:13 PM
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how long after i file for foreclosure will i be
able to rent an apartment?
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08-20-2007, 02:24 PM
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2 things.....
you dont file for foreclosure. its forced upon you...... foreclosures stay on your record 10 years..........so you can assume 10 years if you want to rent from a larger community managed by a management company. if not u could privately rent if they dont do credit checks....other than that.......10 years |
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08-20-2007, 02:27 PM
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Regardless of what you may have heard.. you can get one now.
Your best option is to try with a private landlord. Often they dont even look at credit scores, espeicially if you can come up with a couple months rent up front. The larger the complex the more likely they are to be beurocratic and have set rules they will follow. So try for private landlords or small complexes. Someone will approve you for sure. Renting is not like getting a mortgage, its really quite easy to do. i have known people with the worst credit you could imagine get an apartment with ease. |
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08-20-2007, 02:28 PM
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If you are truly filing for a foreclosure, that means you are the mortgage holder and are not being paid by the person buying this apartment. If you file for foreclosure, you may never get to rent the apartment because it will be put up for sale by a court-appointed referee. You can rent it out again when and if you purchase it back.
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