short sale: 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 (24 comments)
short sale: 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)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.