Lately, one can get FHA loans after 18 to 24 months after a short sale.
This is provided you have been current on all other payments.
If you have been late on other payments such as CC or car etc.
Then it will likely be tough.
Here is a list of properties in the Tolleson area -> http://www.myfirsthouseaz.com/index.php?filter=all&Check
I can help you get pre-qualified and find a nice property in the area.
Jose Dias, REALTOR
Yes, you have passed the magic time period!! There may still be some hurdles to overcome, as lenders will want to understand why you did the short sale, etc.. So, don't be surprised when the issue comes up, but it should not prevent you from getting approved.
Bill Parker, Loan Officer
AZ Lic# 09011570
CPA--Licensed, no longer practicing
GenCor Mortgage Inc.
15730 N. 83rd Way, Suite 103
Scottsdale, AZ 85260
(O) 480-525-8496, EXT 743; (M) 602-565-3646; (F) 480-436-5226
MISSION STATEMENT: To create an unbelievably enjoyable experience for my clients, while guiding them through the most important financial transactions of their personal lives. My clients know me as their Mortgage Lender for Life. I truly appreciate your referrals.
If you think it's expensive to hire a professional to do the job, wait until you hire an amateur.
Red Adair, Oil well firefighter