Foreclosure in 33884>Question Details

Paula, Home Buyer in 33884

What is a persons chances of buying a home in Polk County, Florida if you have had a foreclosure on a home in another state?

Asked by Paula, 33884 Sat May 19, 2012

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4
Bob Movin-On’s answer
Will you need a mortgage? Foreclosures are listed on your credit report therefor it is highly unlikely you will be able to obtain another mortgage for quite some time to come.

Good Luck
Bob Patrick
Buy a home after foreclosure expert.
Movin-On LLC
Helping families/people that have lost their homes get back into another in as little as 6 months.
http://www.buyahomeafterforeclosure.com
0 votes Thank Flag Link Mon May 21, 2012
Also try a credit union. I had a tenant that got a mortgage within 3 months of closing on a short sale.

Also there is the NACA program:

https://www.nacalynx.com/nacaWeb/purchase/purchaseProgram.as…
0 votes Thank Flag Link Sun May 20, 2012
Hello,

BTW- I'm from Polk County, born at Lkld Gen in 1964 went to Kathleen High 12th grade

Anyway, with as little as 20% down a person can purchase a Florida property 2 months out of Foreclosure.

Click on this below:

http://www.trulia.com/blog/steve_31/2012/05/2_months_after_s…
0 votes Thank Flag Link Sat May 19, 2012
It comes dwn to how long ago the foreclosure happened and where is your credit at the moment. I believe you have to wait 3 years on a foreclosure unless you can prove extraordinary circumstances and then it drops to 2.
Only a morgage broker/lender will be able to give you a specific answer after learning about your situation.

Tony Vega
Charles Rutenberg realty
0 votes Thank Flag Link Sat May 19, 2012
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