With an FHA loan, you could obtain financing immediately after the short sale if your property was current during the short sale. Please keep in mind that just because a FHA will allow you to do this, it doesn't mean there won't be strict guidelines with a lender so make sure to ask what the criteria with them is to do this (if they'll even do it at all).
You may contact me directly or ask follow-up questions here.
Yes, you can buy right now and take advantage of these low prices as real esate if on its way back up.
I actaully can do 1 day out of short sale, BK or foreclosure.
Take a look at the loan programs below and contact me after 2:00 today
Well after a short sale you need to wait 3 years and have a score of 620 or more. If you are buying Cash that don't apply because you can buy right away, On condos is extremely hard to get financing
I hope that had answer the question for you :)
Thanks and God bless
Miguel "Michello" Ortiz
Credit Adviser and Real Estate Agent
Credit Upgrade Services LLC
All the best,
Alma Kee, Tampa
That depends on if you are paying all cash for the property. Your credit is not the concern. Many lenders prefer a 620 or better so you are fine there. Its the short sale that is a concern. It depends on when that was done. I can put you in contact with a great lender that can help you. I have seen several posts on here from you and it seems like you have a lot of different questions. Lets talk so that I can help you further.
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