Hi guys and gals.....a few questions.......
My husband and I are on track to be successfully discharged in June 2015. For the last few years, we have tossed around the idea of moving cross country to be closer to my ailing father once we are out of the BK (his idea). Additionally we have spoke of simply staying in the same community and obtaining a smaller home/smaller mortgage (my idea). As we move closer to the time period I have a lot of questions and very little or mixed information....
*IF* we moved cross country my husband (much to my dismay) states he will no longer work for his current employer (after 19 years), so he would have to obtain a new employment. I can always find similar employment in my field, but again I would be starting new some where. We do not want to rent given we have two small children, my elderly grandmother lives with us, and we have two dogs which are typically not allowed due to breed.
So do we wait until discharge to sell and apply for financing? Is financing even possibly immediately after discharge? Do you need to apply for a FHA loan *prior* to discharge? Any suggestions or information is GREATLY appreciated!!!
My husband and I are on track to be successfully discharged in June 2015. For the last few years, we have tossed around the idea of moving cross country to be closer to my ailing father once we are out of the BK (his idea). Additionally we have spoke of simply staying in the same community and obtaining a smaller home/smaller mortgage (my idea). As we move closer to the time period I have a lot of questions and very little or mixed information....
*IF* we moved cross country my husband (much to my dismay) states he will no longer work for his current employer (after 19 years), so he would have to obtain a new employment. I can always find similar employment in my field, but again I would be starting new some where. We do not want to rent given we have two small children, my elderly grandmother lives with us, and we have two dogs which are typically not allowed due to breed.
So do we wait until discharge to sell and apply for financing? Is financing even possibly immediately after discharge? Do you need to apply for a FHA loan *prior* to discharge? Any suggestions or information is GREATLY appreciated!!!