There is hope after losing your home in a Foreclosure or Short Sale. CHANGES, are occurring, IN FHA LOANS AFTER FORECLOSURE AND SHORT SALES. You may NOT have to wait three to seven years before you qualify to buy another house. You may qualify within 12 months of your Foreclosure or Short Sale!
I am Margaret C. Taylor Century 21 New Millennium REALTOR® sharing information in Calvert, Charles and St Mary's MD. I am not a Loan Officer.
There are strict guidelines that a Home Owner must meet in order to qualify for this type of FHA loan. You should contact a Loan Officer or Mortgage Company. You will have to show that you are now financially able, and credit worthy. You will also have to complete housing counseling. BUT if you want to buy a house and be a Home Owner again this may be the Loan for you.
Read this RISMedia article: "FHA Cuts Waiting Time for Foreclosed-On Homeowners" by By Hudson Sangree, for more informationthen then contact your Lender or a Mortgage Company.
When you are prequalified to buy a house again, I am ready to help YOU.
YOU need a Buyer’s Agent to represent YOU.
ASK A QUESTION HERE RealEstate@MargaretC.com
CALL or TEXT 301 481 8407 for a FREE Consultation
I am a Century 21 New Millennium Real Estate Agent. Ask for MARGARET C.
I welcome your REFERRALS in Lexington Park, Great Mills, California, Hollywood, Leonardtown, Mechanicsville, PAX River, and all St Mary’s, Calvert and Charles Counties MARYLAND
This blog is for informational purposes only and is not intended as mortgage, legal or tax advice. An Attorney, Accountant, Loan Officer or other specialist should be consulted for specific needs.
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