foreclosure: How Long Must You Wait To Buy A Home After Short Sale or Foreclosure? - 04/24/08 12:12 AM
People ask me weekly, "If I let my home go into foreclosure or sell it in a short sale, how long until I can buy again?" The answer is.... a long time. Plan on a minimum of three years and as many as seven or more.Fannie Mae, the largest backer of mortgages (19 comments)
foreclosure: Credit Score Truths and Tax Myths of A Short Sale Vs. Foreclosure - 03/25/08 11:32 PM
Recently a group of loan officers at my bank were gleefully boasting about developing a marketing strategy. They were going to be the "preferred lender" on foreclosure tour buses. The company had to remind them that, as a lender, to specialize in financing the purchases of foreclosures and short sales is nothing to (7 comments)
foreclosure: The Las Vegas Housing Market Mess and The Opportunity It Provides Your Investors - 08/28/07 11:07 PM
On my most recent blog I wrote about loans that home buyers can get even if they don't have a social security number. In the comments, Janet Guilbault, California Mortgage Expert, a fellow Active Rain member, whose opinions I respect, asked if I would write a blog about what is going on in the (15 comments)