investor connect: Connecting Investors with Tenants
- 05/19/11 10:33 AM
Ok, so I recently received my CMPS designation and part of the course, the instructor suggested a great way to help all these buyers that currently have good credit, good jobs, but maybe had to go through a short sale and still want to buy. Current guidelines say if you had a short sale or foreclosure and want to purchase a home through FHA, you have to wait a full 3 years. Its 7 years if you want to go conventional. (depends on the amount down too, could be less if you put more down). If you had a BK 7 … (1 comments)
Ok, so I recently received my CMPS designation and part of the course, the instructor suggested a great way to help all these buyers that currently have good credit, good jobs, but maybe had to go through a short sale and still want to buy. Current guidelines say if you had a short sale or foreclosure and want to purchase a home through FHA, you have to wait a full 3 years. Its 7 years if you want to go conventional. (depends on the amount down too, could be less if you put more down). If you had a BK 7 … (1 comments)
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