Foreclosure Waiting Period - 05/25/11 01:07 PM
Foreclosure Waiting Period - HOW LONG DOES A BORROWER HAVE TO WAIT FOR A HOME LOAN AFTER THEY HAVE HAD A FORECLOSURE?
From the final recorded file date of foreclosure:
CONVENTIONAL LOANS:  Currently, the waiting period that must elapse after a borrower experiences a foreclosure is seven years. However, Fannie Mae allows a shorter time period - five years - if certain additional requirements are met (e.g., minimum down payment and credit score, and occupancy requirements).  These requirements are being modified to remove the five year option.  Unless the foreclosure was the result of documented extenuating circumstances, which only requires a … (0 comments)

TBD FM 902, Collinsville, Texas - 05/03/11 12:39 PM
Amazing opportunity to own nearly 100 acres of land approximately 3 miles west of the proposed tollway expansion.  Has road frontage on 3 sides.  Crop share lease is currently in place.  Agricultural exemption.  Priced to sell at $770,013.  MLS# 11523466

Call Lainie Ramsey at Century 21, Dean Gilbert Realtors 903.624.0688
… (1 comments)

 
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Lainie Ramsey - Lake Texoma Expert

Pottsboro, TX

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Keller Williams Realty

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