Please read an article we wrote, http://www.newresalehomes.com/2011/12/22/buyers-waiting-period-after-a-recent-short-sale-foreclosure-or-bankruptcy/ as to your timeline ... more
A) what is the condition of the home?
B) Are there any outstanding liens?
2) Review the comparables and determine a fair price for the home ... more
Some Lenders have requirements as to Heath & Safety.
Some Lenders will not lend if the Appraisal notes a lot o work needed, which lowers the Appraised value.
But som ... more
620 is on the low end of an acceptable credit score. You should speak to a lender and they can go over all the requirements and score, etc. If you would like a referral ... more
Contact Tracy Campagna with guaranteed Rate at 773-383-1405 or email her at tracy.Campagna@guaranteedrate.com. She is great and she will explain to you step by step what yo ... more
There are lenders that will lend you 50-60% without a problem as a second home or investment property. Feel free to call me and I can point you in the right direction. I have been ... more
As long as you can document that there is no payment due for at least 12 months from the day of closing on the home, no he payments will not be included in your debt to inc ... more