Archive for December, 2012

When can I purchase a home again after doing a short sale?

This question is becoming increasingly popular from past and future clients as 2012 comes to a close.  The answer to the question depends on what type of new loan and home you are seeking when you decide to purchase again.  If you are looking to purchase a primary residence and plan on putting less than 20% down, then the answer is three years.  As long as three years have passed since the completion of your short sale and your credit ...

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