During the last few years while we would be discussing with our client(s) about consequences of a short sale or foreclosure, we would have to say it would likely be 2-3 years before they could try to buy a home again. That was based on current mortgage guidelines at the time. Now due to some recent changes, that time frame could be shortened.
RECENTLY SOLD – Beautiful Dobson Ranch Townhome – MLS# 5011417 – $145,000 – 3 Bed/3 Bath –
RECENTLY REDUCED – Buy this tri-level Dobson Ranch townhome for sale located in the gated lake and golf community of Lake Park Development in Mesa Arizona.
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.