Palm Coast Flagler County Houses For SaleOwners who have short sold their home know that it can be a daunting ordeal, and there are some negative ramifications on credit .  The question for most at the end of it all is, “When can I buy a house again?” especially with so many great deals available today.  Blair Lamphier, owner of Community Mortgage Solutions, gives the following as a guide:

CONVENTIONAL LOANS:

Short sale- 4 years from the date of the sale, and removing the owner from the deed. 10 % down
Short sale- 2 years from the date of the sale, and removing the owner from the deed, 20 % down
Foreclosure- 7 years from the date foreclosure was completed and transferred out of the owner’s name.

FHA LOANS:

Short sale- 3 years from the date of the sale, and removing the owner from the deed.
Foreclosure- 3 years from the date foreclosure was completed and transferred out of the owner’s name.

VA LOANS:

Short sale – 2 years
Foreclosure – 2 years

USDA LOANS:

Short sale – 3 years
Foreclosure- 3 years

If you have sold in a short sale situation in the last few years and are interested in owning, it might be time to see what options are available for you today.  Give Blair and his team over a Community Mortgage Solutions a call today.

Kathleen West, Realtor
Trademark Realty Group of Palm Coast

2 Pine Lakes Parkway, Suite 1 Palm Coast, FL  32137 | Office: (386) 446-5930 
Email:  Kathleen@PalmCoastHomeShow.com
www.PalmCoastHomeShow.com

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Flagler County Real Estate Gets Off To Strong Start In 2013
02/11/2013
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January was definitely going to be an interesting month for local real estate because of the performance in 2012 when we saw 122 residential house close which was 56% above 2011. January is typically the lowest number of real estate closes each year… more
Moving On Up: Flagler County/Palm Coast Market Update
11/19/2012
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In Flagler County and Palm Coast we have seen a lot of positives this year in regards to local real estate with residential houses. Just some highlights are: A 25% increase in the total number of houses sold from January 1st through October 31st… more
Monday market Update 7/8/12 to 7/14/12
07/16/2012
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June finished out a good month for sales in the area with 187 houses sold. This was just slightly over June last year when 184 sold. Through June of this year we are still 32% above last year for the same time period. As you can see in the chart… more
Monday Morning Flagler County Market Recap: 6/10/2012 thru 6/16/2012
06/17/2012
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Residential Houses We’re now into the third week of typically the busiest month for real estate in the area. It’s been another pretty active week. 43 houses were newly listed for sale. The lowest at $75, 000, the highest at $968, 000,… more
Matanzas Woods Market Report Card
06/12/2012
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Since we live in the Matanzas Woods subdivision, we get the common question of how is the market doing in our neighborhood. Truth be told, Matanzas Woods has seen it’s challenges over the past few years especially with the golf course’s… more
Monday Morning Flagler County Housing Report 6/3/12 to 6/9/12
06/11/2012
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This past week was another great week in the area as buyers are taking advantage of the great prices and interest rates. One of the biggest surprises many are finding right now is the reduced selection as the area has about 742 homes presently for… more
Trulia Adds “Trulia Estimates”: Novelty or Not?
03/21/2012
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Let me start by saying, Trulia. com and Zillow. com are great companies that I think bring great additional resources for home shopping to consumers. I love their websites and resources they offer. Zillow. com became a hit with it’s &ldquo… more
Seller Advice: Things To Be Aware Of With “Flat Fee” Selling
03/03/2012
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If you’ve been thinking about selling your house you may have come across the advice to to a “For Sale By Owner”. Whether selling yourself or through an agent, advertising online and in an MLS (notice that I didn’t say.. more
2011 Palm Coast/Flagler County Market Recap
01/11/2012
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So how did the local market do for 2011? Very well, and here's just a few highlishgts on the Residential Housing sales in the area: A total of 1, 665 houses closed from January 1st to December 31, 2011 The total number of sales was up 14%… more
 
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Kathleen West Flagler County & Palm Coast Realtor

Palm Coast, FL

More about me…

Trademark Realty Group of Palm Coast

Address: 2 Pine Lakes Parkway North, Suite 1, Palm Coast, FL, 32137

Office Phone: (386) 446-5930

Cell Phone: (386) 986-0401

Email Me

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