We are in due process of our sale of our home.This was a short sale.How long before we can purchase a home?
cash or mortgage?Are are going back to renting? We have a contracted with a offer sent to the mortgage co. just waiting on results now.On the contract states as is and agree of no deficiency.
Answers (2)
In a normal short sale, it would be appx 24 months to reestablish your credit. In a foreclosure it is typically 5-7 years.
FIRST ANSWER
You may want to re-phrase your question. I not fully sure what you are asking.. I have no idea what you mean by: cash or mortgage?Are are going back to renting? We have a contracted with a offer sent to the mortgage co. just waiting on results now.On the contract states as is and agree of no deficiency.
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