Purchasing after bankruptcy, foreclosure or short sale
Here is a flyer from Mike Ramsey, a local mortgage loan originator giving us some good information about the length of time required following bankruptcy, foreclosure or short sale before you should try to get a new mortgage.
With the numbers of bankruptcies, foreclosures and short sales that have occurred over the past several years there will be many folks in situations where this information could be very helpful. Many families that are renting or staying with friends or relatives due to their credit hits may be considering once again becoming a homeowner.
Mike was kind enough to allow me to use his flyer and maybe when you are ready to purchase your next home or condo in the Ormond Beach or Daytona Beach area you will call Mike to help with your financing needs.
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