After bankruptcy you will have to start rebuilding your credit. You have just proven you inability to handle money and must now prove you are going to try harder. No bank or group will want you to take their money also, so you will probably need a fair amount down.
You may wish to hold off making wild purchases if you have made this big a mistake recently. Debt is bad. It is really bad when you screwed up so bad you culdn't give back the money they gave you. Go slow and you will be better in the long run.
After Chapter 7 bankruptcy has been Discharge can buy a home
maybe
NO
When you have the money
You can purchase a home with no money down when you make arrangements with the owner. Some companies will allow you to use your land as a down payment as well.
Yes, as soon as you reestablish your credit to the lender's satisfaction.
Yes but your interest rate will be very high
It is possible to buy a home with no money down, though it is not generally recommended. Some alternatives are to offer an object (such as land, a car, or a valuable collection) as down payment instead of cash; purchasing a foreclosure, some of which require no down payment; receive a VA or FHA loan; or pursue a rent-to-own option.
If our home is in foreclosure,and never reaffirmed the debt through chapter 7-how will it affect us getting a home?
No, you are not. When someone files bankruptcy the title to their property is held by the trustee in bankruptcy. The bankrupt cannot sell any property therefore, if they do, the title is not clear. You may lose the property to the creditors if someone tracks it down. You would then be out of the property and any money you paid for it.
Yes, you can especially with this 'desperate' housing market. If you are a veteran, some places can offer you a home with no money down. Here is one site: http://www.mortgage-helper.com/zerodown.html
What is the minimum percent down payment to buy a 250,000.00 home?