West Sacramento Short Sale Agent, Default Advocate, Distressed Property Expert
and West Sacramento Short Sale Specialist Mike Rigley here
bringing you the latest West Sacramento Short Sale Information. Thank you
for joining us. How soon can we before we can buy again?
We get asked this
question quite frequently when helping families with their West Sacramento short sale and the answer
really is – it depends. It depends on how well you take care of the rest of
your credit, it depends on your debt to income ratios and it depends on all the
other criteria that goes into getting a home loan.
All things being equal,
you can usually purchase a new West Sacramento home in 2-3 years after
your West Sacramento short sale.
You see, it is really
not the West Sacramento short sale that hurts your
credit, it is the missed payments. The West Sacramento short sale itself is a minor
30-50 hit to your FICO scores and usually falls off in 12-18 months. Now, if
you are relocating more than 90 miles away and are never late, you can get a
new loan immediately. Something to think about if you are looking at a job
transfer.
It is good to know that
just in the last month alone we helped a VA buyer get into a new home. They had
completed a short sale about 24 months prior, took good
care of their credit and made sure they did not have excessive or outstanding
debt. We were able to get them into a great four bedroom home, bigger than
their rental and in the end were paying less than they were previously paying
for rent – How Great is that?
Is a West Sacramento Short Sale right for
me ?
To get a better idea
of when your West Sacramento home will be worth what you owe,
log in to www.shortsaleandloanmod.info for a free
estimate or call me today for a free no obligation consultation or for the
latest West Sacramento short sale information. Call me
today and sleep better tonight; you’ll be glad you did
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