Many home owners ask what is my home purchase after short sale wait time because they are not aware of how a short sale would affect their ability to purchase a home after the short sale transaction of their current home closes.
The home purchase after short sale wait time is not as long as many would think and in some cases, it could be even shorter than most lenders would lead on.
There are many factors which come into place when a home buyer is having to qualify for a home loan or mortgage after he or she has done a short sale. Often, one of the more critical aspects of the process for a home buyer, aside from ensuring that he or she has enough income and a low enough debt-to-income ratio, is how much money will be put down on the purchase of the home. This point is better exhibited in the chart below:
If you are a Greater Phoenix Valley home owner and you are considering a short sale because you need to get out of your home, click here or call one our Phoenix Arizona short sale specialists immediately (time is of the essence in most of these situations) at +1 (480) 788-6473 and allow us to layout your options specific to your entire set of unique circumstances.