Buy a home after short sale - no waiting period. - 02/24/12 10:25 AM
Staying current on your mortgage provides options for underwater homeowners.
Recently I learned about a program where an underwater homeowner can short sale their home, and buy their next home immediately. There are qualifying criteria, however:
Your present property is financed through a conventional mortgage. You finance the new home through an FHA loan. You have not missed any mortgage payments. All other debt is current. The decision is the right decision for your family, i.e., The new home is less expensive. The mortgage payment is lower. The property is closer to work. There is an increase in room count to accommodate … (3 comments)

 
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Noel Crider

Auburn, CA

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Better Homes & Gardens Real Estate

Address: 11601 Blocker Drive #200, Auburn, CA, 95603

Cell Phone: (530) 305-8409

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