The answer to your question(s) would depend on a couple of factors. Some mortgage lien holders will obtain a judgment against you for the "short" part of the Short Sale after the Short Sale has been finalized. If that is the case in your situation most lending institutions would require that the judgment be paid prior to approving you for a new mortgage. Otherwise you would be considered for a mortgage under the same underwriting guidelines as everyone else. Credit Score, Income and down payment would be the major deciding factors.
You can reach me at email@example.com or at 513-680-1500 if you have any additional questions. I am a licensed Real Estate Agent with HER Realtors in Kenwood area of Cincinnati. I also have over 30 years of Mortgage Banking experience.
Dave Barnaclo... more
There are three homes on Orion two have garages on one does not.. 3828 has a small garage when I showed it the garage appeared to need some help. 3827 has no garage or carport. 3309 has a two car garage. IIf you are interested in seeing any of them call 368-8491... more