How soon after a short sale can I buy again?

Asked by Djlachman0057, Jacksonville, FL Mon Sep 3, 2012

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Patti Kane, Home Buyer, Boulder, CO
Sat May 11, 2013
I had a short sale last year and my Realtor recommend for a home loan. I am very happy to be able to purchase again.
0 votes
Jeff Metcalf, Agent, Saint Augustine, FL
Sat Sep 8, 2012
I've seen anywhere from 1 to 3 years but every situation is different. Best bet is to contact a local lender for a pre-approval. They will do this for free and will give you all the info you need. Sometimes they can even tell you when you'll be able to qualify.

Good luck!

Jeff Metcalf, REALTOR(R)
Watson Realty Corp.
0 votes
Hi Jeff, thanks for the response and information. I will speak with my lender and see. It's been exactly one year since I did my short sale.
Flag Sun Sep 9, 2012
Hi Jeff, thanks so much for the information. It's been exactly one year for me and I will talk to my lender and see what they can advise me on.
Flag Sun Sep 9, 2012
Stephen McRo…, Mortgage Broker Or Lender, Tampa, FL
Tue Sep 4, 2012
It is possible for a buyer 1 day out SS to buy with as little as 0% down. But generally 10% to 15% would be the very best case in most situations. There are approx 3 ways, maybe 4 ways this can be accomplished.

However, it will require the help of the Right Realtor, one who can think outside the box. My realtor partners are the type you can count on to do this as well as assist with Realtor Rebate savings.

After you talk with multiple "Bankers" and hear what they can or cannot do, contact me.

Until then, here’s a simple 2 step way to get your Best Overall Deal…

contact the realtors you think you like and listen to what they say they’ll do for you. Then ask them to refer you to their very best “Preferred” or “In-House” Lender. Listen to their best purchase strategy and ask for their best written quote on an estimated sales price, on a TBD (To Be Determined) property address.

contact me, I’ll present my best purchase strategy, show you what my realtor partners can do for you. Then compare to see which team offers the best purchase strategy and your best overall deal.

You’ll be shocked at the difference you’ll find with such little effort!



NOTE TO CONSUMERS: shop multiple Lenders and realtors for your Best Overall Deal!

Call me today, I actually answer and return phone calls.

Steve McRory
Pro Option Mortgage/ Florida
Ph: 888 662 4404

Prior Service U.S. Marine Corps
0 votes
Rosina Eisen…, , Jacksonville, FL
Tue Sep 4, 2012
Your mortgage lender will have a variety of lending programs and will be able to discuss all available options for you. I lead a group of Realtors and Affiliates in Jacksonville Beach and it has recently been discussed that with a 20% down, a Buyer is able to purchase one day after Short Sale, Foreclosure, etc. but the programs change frequently. If you do not have a banker, I would be more than happy to introduce you to a few for you to interview.

0 votes
Stephen McRo…, Mortgage Broker Or Lender, Tampa, FL
Tue Sep 4, 2012
After 1 month.

Read here:…

Call me after 2:00 to talk about options.
0 votes
Danielle Sha…, Agent, Cape Coral, FL
Mon Sep 3, 2012
Depending on your credit scores & history, 2-3 years minimum
0 votes
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