qualify: What if My Buyer Has A Short Sale???
- 10/28/13 02:06 AM
A very high percentage of Florida homeowners short sold a home in the past 5 years. A common question I often get is ....how far removed from a short sale does someone have to be in order to quaify for home financing??? Here are some guidelines that can hopfully help buyer's agents qualify their buyers. Conventional - 2 Years if you are putting 20% down - 4 Years between 80% and 90% Loan to Value, and 7 Years above 90% loan to value - or less than 10% dowm FHA - 3 Years removed USDA - 3 years removed VA - 2 Years … (0 comments)
A very high percentage of Florida homeowners short sold a home in the past 5 years.
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