Valued Contributor
Posts: 3,406
Registered: ‎12-19-2012
Re: Foreclosure/BK confusion...question
I believe there is a waiting period for both the BK and the foreclosures. You could be in trouble since most lenders won't approve you until 3 years after the foreclosure sale. So if the lenders searches and finds your name as the last owner to property and that the property is in foreclosure still and hasn't foreclosed, depending on when it finally forecloses, you could have to wait at least 3 years. If someone took out this mortgage in your name, your name must be tied to the property and in the public records system somewhere. Perhaps you should do some more digging there. Go up to the county clerk's office if you have to.

Is it possible it was a short sale?
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! Smiley Happy Last App: 4/5/13 Gardening until July 2014