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questions about buying home

Posted on: 14th Feb, 2012 04:47 pm
can i buy a home if i had a short sale in my name 3 years ago and my husband has forclosure in his name because he got permanent disabled.
Posted on: 14th Feb, 2012 06:56 pm
The waiting periods in order to qualify for a home loan after a foreclosure, deed-in-lieu, short sale and bankruptcy varies both by the government agency purchasing or insuring the loan as well as the dollar amount of the loan.

Federal Housing Administration (FHA)
1) Foreclosure is 3 years
2) Deed-in Lieu is 3 years
3) Short Sale is 3 years
4) Bankruptcy is 2 years

Posted on: 14th Feb, 2012 10:14 pm
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