Posts Tagged ‘buying after short sale’
When Can I Repurchase?
So many sellers ask me when they can repurchase after a short sale, foreclosure or bankruptcy. Following is a great synopsis of when a seller can repurchase after a distressed sale or bankruptcy, based on the type of loan/bankruptcy: FHA Loan: Chapter 7:Â Â Â Â Â Â Â Â Â Â Â Â Â 2 yrs. Chapter 13:Â Â Â Â Â Â Â Â Â Â Â 2 yrs. Foreclosure:Â Â Â Â Â Â Â Â Â 3 yrs. Short Sale:Â Â Â Â Â Â Â Â Â Â Â Â 3…
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