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How long after a short sale can I buy a home?

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adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Wed Mar 02, 2011 11:30 pm    Post subject: Like 0 Dislike 0 Welcome Scott, After a short sale, you'll have to wait for 2-3 years in order to get a mortgage to buy a new property after short sale. _________________ Procrastination is the enemy of your financial success
franko Joined: 22 Sep 2010 Posts: 10 Location: CA, TX, FL during the year 2.61 Dollars($)	Posted: Fri Mar 18, 2011 10:21 am    Post subject: Like 0 Dislike 0 well, some banks" are treating it as a foreclosure. You will have to go to private or non-traditional sources. I know I will since I had one in June 2009. Good luck _________________ Get a FREE Business Listing in your state? - No Catch.
bradwebertoyota Guest	Posted: Tue Apr 05, 2011 10:36 am    Post subject: Like 0 Dislike 0 3 YRS. JUST GOT THE BAD NEWS TODAY. IT HAS BEEN 2 FOR ME. I WAS EXCITED AND REALIZED IVE GOTTA PUT THAT IDEA ON THE BACKBURNER FOR ANOTHER YR.
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Tue Apr 05, 2011 11:41 pm    Post subject: Like 0 Dislike 0 Hi bradwebertoyota, Yes, you will have to wait for another year in order to get a mortgage after your property has been short sold. _________________ Procrastination is the enemy of your financial success
DavidO Guest	Posted: Wed May 18, 2011 7:22 am    Post subject: Could we do title? Like 0 Dislike 0 I did a short sale at feb. 2011. But right now the loan amount still in my bank account. My ex-wife know I have no house to live with, so she wants to give me back the house what I sold her before for free. My question is could we do the title right now, or we have to wait until the loan amount has been take care?
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Wed May 18, 2011 11:11 pm    Post subject: Like 0 Dislike 0 Hi DavidO! Welcome to forums! If you have paid off the deficient balance resulting from the sale of the property, then you can request your wife to transfer the property to you immediately. However, you should contact a real estate attorney and take his opinion in this matter. Feel free to ask if you've further queries. Sussane
willie mae Guest	Posted: Tue Jun 07, 2011 7:04 am    Post subject: short sale Like 0 Dislike 0 I want to do a short sale because I owe more on the house than the market value. I want to move to another state and get an apartment first and than maybe two year later move to a retirement community. At, the present I am keeping up with the payments, but I have other bills as well and the state is getting ready to impose a state tax for retirees. What can I do? I am totally alone in this matter. I haven't married yet, no family to help and no true friends.
sara Moderator Joined: 05 Jul 2006 Posts: 2694 Location: New Brunswick, New Jersey 496.42 Dollars($)	Posted: Wed Jun 08, 2011 1:59 am    Post subject: Like 0 Dislike 0 Hi willie, Unless you're delinquent on your mortgage payments, the lender will not consider your request for a short sale. Nevertheless, you should contact your lender and apply for short sale. The lender will check your situation and let you know whether or not he will consider your situation. Take care. _________________ Find me at FB: http://www.facebook.com/people/Sara-Jones/100002976822020
juan Guest	Posted: Tue Sep 06, 2011 4:47 am    Post subject: considering a short sale Like 0 Dislike 0 My home in florida owes 180.00 and I have already done a modification , :however , It was no reduction in the principal I still owe the same amont my payments have been on time for ten months , nevertheless, my home requires great amount of repairs and I am having dificulties making the payments . That is why I am considering a short sale . At the moment I will make every effort to continue making payments .
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Tue Sep 06, 2011 9:27 pm    Post subject: Like 0 Dislike 0 Hi juan, You can apply for a short sale if you are facing problems in paying off the mortgage payments. However, it remains a fact that it will be the discretion of the lender whether or not he will consider your request for short sale. Thanks
LUIS CIO Guest	Posted: Mon Sep 19, 2011 5:22 pm    Post subject: BUYINGA HOME THA IS FOR SALE AND I NEED TO SELL ANOTHER Like 0 Dislike 0 I DO WANT TO BUY A PROPERTY THA IS FOR SALE BUT I NEED TO SELL ANOTHER PROPERTY TO MAKE UP THE PAYMENTS FOR THE NEW ONE
smithsussane Joined: 18 Sep 2008 Posts: 10439 Location: Alaska 985.83 Dollars($)	Posted: Mon Sep 19, 2011 9:36 pm    Post subject: Like 0 Dislike 0 Hi LUIS! Welcome to forums! Your query has been replied to in the given page: http://www.mortgagefit.com/postdeal/about53133.html . Please take a look at it. I hope it will help you. Sussane
lionel Guest	Posted: Wed Jan 25, 2012 3:03 am    Post subject: short sale Like 0 Dislike 0 i was told to short sale my home due to a job lose i was never late on a payment.after that i was in total debt so i had to file bankrupcy by my lender after i short sale,now i can't even apply for a credit card..i have a good job now..how can i get back on track to rebuy a home.
adonis Joined: 22 Oct 2005 Posts: 10562 Location: ALASKA 1089.18 Dollars($)	Posted: Thu Jan 26, 2012 1:52 am    Post subject: Like 0 Dislike 0 Welcome lionel, After a bankruptcy filing, you will have to wait for 2-4 years, depending upon the chapter of bankruptcy you filed, in order to qualify for a mortgage to buy a home. _________________ Procrastination is the enemy of your financial success

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