In very general terms, a real estate short sale occurs when a homeowner is not able to make the mortgage payments due to financial hardship. Rather than foreclosing on the property, the lender agrees … [Read more...]
You May Qualify for a Mortgage 2 Years After a Short Sale, Foreclosure, or Bankruptcy
Believe it or not, you may qualify for a home mortgage within 2 years after a short sale, foreclosure, or bankruptcy. Of course, there are a lot of details in qualifying for a home loan so quickly … [Read more...]
How long do I have to wait after a short sale, foreclosure or bankruptcy to buy a home?
With the volatility in the housing market in recent years, this is one of the most common questions we receive from borrowers. Many borrowers experienced one of these issues and are now 2-3 years … [Read more...]