Home Buying in West Central>Question Details

Ninel, Home Buyer in Spokane, WA

when can i buy a house after shortsale?

Asked by Ninel, Spokane, WA Mon Feb 18, 2013

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There is not a direct answer to your question. It depends on your other credit, the circumstances of the short sale, was there a deficiency, etc. You will most likely have to wait 3-4 years to repair your credit, but even that will depend on the lender and what the rules are when you get ready to buy again.
If you are military or a veteran, all could be better in your favor.
0 votes Thank Flag Link Mon Feb 18, 2013
Thanks
Flag Tue Feb 19, 2013
Most lenders require a 2 year window between the closing of the short sale and the new purchase. I'd be happy to refer a lender to you who could best answer your questions. Let me know if I can help.
Connie Slackman 5099395863
0 votes Thank Flag Link Mon Feb 18, 2013
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