My husband and I are currently in the middle of the home buying experience from HELL, but I won't bore you with those details and just would like some input from others who may have more experience with situations like ours:
- Complete Ch 7 BK discharge in November 2009, included the conventional mortgage and voluntary surrender of property that inlaws had convinced my husband to buy for them in his name but had stopped paying in July 2009 (hence the BK)
- Due to sheer incompetence on the part of the bank and constant interference with the FC process from my inlaws that wanted to stay living in the house, sale didn't actually occur until December 2014 (my husband did nothing to stall the process himself)
- We have been told by one LO that we either have to wait until 4-5 years from FC date for a new FHA loan or 7 years for conventional, and by another that the BK date trumps the FC date since the mortgage was included and not reaffirmed
We are hesitant to believe the latter simply because we have been burned so badly in the past with attempts to purchase our dream home only to have this "zombie deed" come back to haunt us, possibly for years to come. Could someone please help us see the light at the end of this tunnel? 
@Anonymous wrote:My husband and I are currently in the middle of the home buying experience from HELL, but I won't bore you with those details and just would like some input from others who may have more experience with situations like ours:
- Complete Ch 7 BK discharge in November 2009, included the conventional mortgage and voluntary surrender of property that inlaws had convinced my husband to buy for them in his name but had stopped paying in July 2009 (hence the BK)
- Due to sheer incompetence on the part of the bank and constant interference with the FC process from my inlaws that wanted to stay living in the house, sale didn't actually occur until December 2014 (my husband did nothing to stall the process himself)
- We have been told by one LO that we either have to wait until 4-5 years from FC date for a new FHA loan or 7 years for conventional, and by another that the BK date trumps the FC date since the mortgage was included and not reaffirmed
We are hesitant to believe the latter simply because we have been burned so badly in the past with attempts to purchase our dream home only to have this "zombie deed" come back to haunt us, possibly for years to come. Could someone please help us see the light at the end of this tunnel?
^^^The rules changed about a year ago IIRC and the LO that told you the BK trumps the f/c is right 
Wow that would be amazing! We will definitely keep working with that LO and hopefully be able to get our dream home finally! We've been so depressed thinking we would have to wait years more, especially now that we are being forced to move from our rental so the owner can sell it...we would love to finally be able to buy our own house and not have to move ever again! 
@Anonymous wrote:So in your opinion then we should be past both waiting periods then and it is just a matter of how much down payment we have to work with for what program we can qualify for?
Yes.
Well that would be great then! I just posted the complete explanation of our current situation in another thread here if you want to give me your opinion on what we should do! I'm just driving myself batty over this long weekend weighing all of our options lol