Buying a home after completing a short sale is not impossible! Depending upon the type of short sale you completed, whether or not you have additional properties that are upside down/under water, your credit rating, and the amount of downpayment you have, you may be able to purchase a home right away or need to wait 2-5 years after completing the short sale.
Tag: Livermore CA Short Sale
Buying a Home in the Bay Area after doing a Short Sale in Livermore, the Tri-Valley, East Bay Area & California
Buying a home after completing a short sale is not impossible! Depending upon the type of short sale you completed, whether or not you have additional properties that are upside down/under water, your credit rating, and the amount of downpayment you have, you may be able to purchase a home right away or need to wait 2-5 years after completing the short sale.
Congress Extends Tax Credit Closing Deadline Until September 30, 2010
Congress Extends Tax Credit Closing Deadline Until September 30, 2010 Congress has passed a bill to give homebuyers another three months to close on their home loans and receive tax credits up to $8,000. The bill applies ONLY to homebuyers who met the April 30, 2010, deadline with a signed contract to purchase a new…
Banks Really Do Prefer Short Sales Over Foreclosures!
Banks prefer shortsales over foreclosures. A study by Clayton Holdings demonstrates that short sales are much better for banks than foreclosures.