I sold my house on a short sale two years ago, can I qualify to buy a new home with 20% down?

Asked by Alfred Jalloh, Torrance, CA Tue Jul 17, 2012

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Matthew Bart…, Agent, Glendora, CA
Tue Jul 17, 2012
Hello Shad,

Two to three years is the standard time period after a short sale you may look to purchase a home. I suggest that you speak with your Lender and start the pre-approval process. The fact that you have 20% down is a good start. If you have managed to keep your debt down and pay your current bills on time this will also help in your attempt to gain loan approval. Good luck!

Warmest Regards,

Matt
http://www.matthewbartlettrealestate.com
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