Would I be able to refinance and only be listed on title ?

There are guidelines for Fannie, Freddie, and FHA, then there are lender overlays.. Which are guidelines that are in addition to the conforming guidelines.. Filing a chapter 7 on a home, has the same impact as a foreclosure.. In fact Chapter 7 does not protect you from foreclosure.. It only postpones it. The guidelines for mandatory waiting periods begin when the property is transferred out of your name, not the date the Chapter 7 was discharged.. FHA has the shortest waiting period of 3 years, but again, from the date the property was taken out of your name.. You can search Maricopa.gov under recorded doc's search and look for "trustee's deed".. Under your name.. That will show you when the property changed ownership.. It's 3 years from that date.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

If you let the old home go back to the bank, even in a bankruptcy, then that is considered a foreclosure and you would need to wait at least three years for FHA. The clock starts ticking on the day the old bank transferred the title to the property out of your name. As for can you refinance? If you are on title and there is a note against the property and the note names you as the borrower, then yes you can refinance. If the note is in someone else's name, it can be a little more difficult, but still doable. The first thing you need to do is find out the transfer date for the property. This will tell you how much time you have to wait before being eligible again. The second thing you need to do is to make sure your credit report has been cleaned up after the bankruptcy. Most people I work with don't touch the report and the errors and misreports from old creditors that were discharged can add weeks or longer to the process. Take advantage of the time before you are eligible to get ready. I'm in Chandler and would be willing to help. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

Need more info.

You mean that you filed Chapter 7 that included your home, correct? Your home went to foreclosure, yes? What was you down payment on this seller financed home?

Assuming you meet all the other normal loqn criteria. Then yes. After Sept 2013.

Assuming your home was in the bk and it did go into foreclosure, you'd have to have until 2014. If your home did not go through the foreclosure process, then you could refinance in 2013. It's the foreclosure part that would take you out 3 yrs. Please feel free to contact me and I'll be happy to walk you through it. Ray 254-449-7196 or rlewis@englending.com

Sept 13 you would be able to start the refi, you will need make sure you are qualified. If you need more information on the guidelines to so please email me at wwwHOMEMORTGAGEXPERT.com

The short answer is yes; but in this day and age, I would highly recommend that you consult with a good loan officer to flush out all the moving parts.

September 2013.

Need date of discharge.

We require 36 Months from discharge on a chapter 7 with re-established credit.

If you meet all of the other refinance requirements, you should be able to refinance beginning in September.