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SHOR SALE

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Icon Mini Profile rafael_cueto





Joined: 17 Nov 2009

Posts: 2

1.28 Dollars($)
Post Posted: Tue Nov 17, 2009 8:24 pm    Post subject: SHOR SALE
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if I am doing a Short Sale can I buy a home later, how long do I have to wait
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10169
Location: Nevada
944.91 Dollars($)
Post Posted: Tue Nov 17, 2009 9:42 pm    Post subject:
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Hi rafael_cueto,

Though you short sale your present property, you would be able to purchase a property later on. After a short sale, you'll have to wait for 2-3 years in order to qualify for a loan.

Thanks
Icon Mini Profile snvservices





Joined: 20 Nov 2009

Posts: 17

3.29 Dollars($)
Post Posted: Fri Nov 20, 2009 4:40 am    Post subject:
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Hi,

It is probably very good as, one of my family member is going through a short sale and he is just waiting to buy a property and by knowing this it is good for me to tell him about this as, I just want to know is there any other alternative for this as for buying a property.


Thanks!

_________________
home buyers Connecticut
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10045
Location: Alaska
921.83 Dollars($)
Post Posted: Fri Nov 20, 2009 10:57 pm    Post subject:
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Hi snvservices!

Welcome to forums!

I don't think there's any alternative. Your family member will have to wait for 2-3 years and then apply for a loan.

Sussane
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