A pressing concern for anyone coming off of a short sale or foreclosure situation is where do I go now? Even a Successful Short Sale means that the sellers cannot purchase a home for at least one year with certain FHA financing or two years with a conventional loan. In
Month: August 2014
Short Sales are often the only way out for some sellers who owe more than their home is worth and can no longer afford to make their monthly payments. While they can be a life-saver for struggling borrowers, short sales can be stressful and time consuming if not managed properly.