maybe
After Chapter 7 bankruptcy has been Discharge can buy a home
NO
i wouldn't sell it but instead invest in it till it adds value
Yes, as soon as you reestablish your credit to the lender's satisfaction.
i am renting a house in forecloser and i need info on how to buy it. who do i contact?
Yes but your interest rate will be very high
If our home is in foreclosure,and never reaffirmed the debt through chapter 7-how will it affect us getting a home?
I have no idea what you are referring to in this question- what do you want to rent or buy? In general, renting will always be less expensive, if available.
The best time to purchase a new home after filing for Chapter 13 bankruptcy depends on how long your bankruptcy will be. If you have your payments on a five year plan, then you may have to wait a little longer.
You can buy it from the bank
Most banks won't seize your home after bankruptcy. One of the key purposes of bankruptcy is to preserve the living assets and provide the individual with another chance (albeit with a lot less credit flexibility). Note: I am NOT a certified financial planner (CFP) and am NOT licensed to provide financial advice. [opinion] If you are in a situation where foreclosure is on the horizon and you have tried to negotiate with creditors to no avail, you will want to consider bankruptcy in order to hold onto your home. While the debt associated with your mortgage may not be forgiven as a result of the bankruptcy, you WILL force a renegotiation and you WILL keep your home.
No.