http://www.trulia.com/voices/Home_Selling/Is_there_a_waiting_period_after_closing_to_short_s-143134My husband and I closed on our home 3/9/09. Then had to refi because something was wrong with paper. We completed that on 4/29/09. Now we are divorcing and need to short sale. Will we have to wait to sell the home. In my opinion the divorce was not forseeable. I am still quite shocked that he wants to divorce. I have an attorney, but I was advised that there may have been a clause in our mortgage paperwork stating that divorce, loss of employment or anything else that would prevent us from making our payments was not anticipated. Has anyone heard of this?en-ushttp://www.trulia.com/voices/profile/Real_Estate_Pro-West_Bloomfield_MI-85831/http://www.trulia.com/voices/profile/Real_Estate_Pro-West_Bloomfield_MI-85831/Felicia, You should be just fine, then. Now you need to find a proven short sale expert to facilitate the sale and process for you. Again, I would appreciate having a discussion with you about this. Thank you, and enjoy your evening. Derek Bauer, Associate Broker / Realtor Real Estate OneMon, 06 Jul 2009 18:30:27 -0700http://www.trulia.com/voices/profile/Home_Buyer-Canton_MI-600737/http://www.trulia.com/voices/profile/Home_Buyer-Canton_MI-600737/We did purchase a foreclosed home and got FHA financing. I have the paperwork at home, but I don't remember such a clause. Our bank is actually selling our mortgage so I won't know who to deal with until they send us the notification. Thank you for all of this information.Mon, 06 Jul 2009 10:45:27 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-West_Bloomfield_MI-85831/http://www.trulia.com/voices/profile/Real_Estate_Pro-West_Bloomfield_MI-85831/Felicia, As long as you didn't purchase a property upon which deed restrictions were placed (i.e. a bank preventing a buy and flip), you should be able to sell. Make sure you align yourself with a solid short shale expert. I would appreciate the opportunity to interview with you for the job, as I am a Certified Distressed Property Expert and approximately 40% of our business is short sales. Feel free to read more below...Mon, 06 Jul 2009 10:36:54 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Ann_Arbor_MI-254451/http://www.trulia.com/voices/profile/Real_Estate_Pro-Ann_Arbor_MI-254451/Hi Felicia, If you purchased the home as a foreclosure or short sale, there may be a waiting period. Best to get a legal opinion on that. As far as you doing a short sale, you need to have a "hardship." A divorce would certainly qualify you for this. You need a good real-estate attorney. Let me recommend Chris Sevick. You can find his name and contact info on my website (look under the 'Team Member' tab). He is a former realtor, a real-estate attorney and a virtual short sale expert. He has many systems in place to help you. . . and if I can be of help, please don't hesitate to ask.Mon, 06 Jul 2009 10:32:37 -0700