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12 October 2012

Who Can Purchase A Home After Foreclosure?

The answer is you! There is good news for the millions of homeowners who went through foreclosure or a short sale.  You are not alone when it comes to wanting to buy a home again.  In fact a recent survey of homeowners that went through foreclosure indicated that over 80% are hoping to purchase a […]

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The answer is you!

There is good news for the millions of homeowners who went through foreclosure or a short sale.  You are not alone when it comes to wanting to buy a home again.  In fact a recent survey of homeowners that went through foreclosure indicated that over 80% are hoping to purchase a new home again over the next 5 years.  Despite what you may have heard, there are ways to purchase a home in as little as one day after foreclosure or short sale.

The problem is that it requires a little more work than many mortgage professional are willing to do.  Right now with interest rates at all time lows, refinance loans are easy and pay well.  Doing a purchase loan for a buyer that has had a foreclosure or short sale may have more hurdles to jump through and take longer, thus you may get the run around when trying to apply for a new loan.

The good news is that the licensed mortgage professionals in our network are very knowledgable about all the programs available for new home buyers that have these credit issues.  CLICK HERE to submit your information so that you can get started on buying again after foreclosure.

 

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