USDA mortgage - 10 months after BK7 Discharge!

[ValleYum]

Every realtor and lender I talked too says 3 years wait on any loan, including USDA. My concern is even though our chpt 7 has been discharged 1 year ago, the house we included in it is still sitting empty, foreclosure procedding havent started yet. At this rate, it may be another year before foreclosure is processed and home is sold. So then we have to wait 3 years after the sale date?!! wow! That is pretty depressing, especially since we are paying 1000 a month rent in an area where we could buy a nice home for less if we had financing. Sounds like it was a complete fluke that the original poster got financed without the waiting period, Congrats to you, for the rest of us I hope they make some changes in the program in the future.

The original post was made 2.5 years ago. This thread is a good example of why the mods ask us not to bump old threads.

[tradinglife]

time frame...

You are correct, sorry not a frequent poster. I was looking at the last severl posts which were only a few days old.

[mom2three09]

Ooops didnt realize this was such an old thread

[tradinglife]

house in bankruptcy

I for one am glad you replied to this post, thanks for the info. So since you are selling the house you did not include it in the BK?