We have a property now that we own free and clear and would invest all the from the sale of that place into a new place. It would be about ,000-80,000. We can afford up to 00/month mortgage payment.

 

  • bull_rooster_aardvark 1:06 pm on March 10, 2010

    The foreclosure stays on your credit report 7 years from the date it was filed. Still, with great credit for the past 4 years and solid earnings/ downpayment maybe you could still get a mortgage. I’d go into a bank, tell them your whole situation and see what they say. Probably best to start with the bank you do business with right now, but try a few no matter what the first one says.

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