West Sacramento Short Sale Specialist,Default Advocate, Distressed Property Expert and West Sacramento Short Sale Agent Mike Rigley here
bringing you the latest West Sacramento Short Sale Information. Thank you
for joining us.
Citi Short Sale – How
Long Before I Can Buy Again? We get asked this question a lot. Most folks who West Sacramento Short Sale really do want to
be homeowners, they just got caught in an unfortunate set of circumstances. As
is so much when dealing with West Sacramento Short Sales the answer is –
it depends. It depends on a number of circumstances. For instance, if you
remained current throughout the process and moved more than 90 mile away, you
can actually buy again right away presuming your credit is good and your debt
to income levels are within the lenders guidelines.
As a rule of thumb, once
you have completed your Citi Short Sale, or any other West Sacramento Short Sale for that matter,
you can generally buy again in two to three years. VA loans are two years, FHA and Fannie Mae are
three.
Now it is important to
know that the wait is not because of your credit or debt to income, it all has
to do with the lending guidelines. As mentioned before you also have to have
good credit, your debt to income levels have to be right and of course qualify
for a loan.
The key to life after a
Citi Short Sale is to take advantage of the debt relief and get your financial
house in order. Pay off those credit cards and start to save the difference
between your new rent payment and your old house payment so when it does come
time when you can buy again you can get into a home you can comfortable afford
and are not living on the financial edge
Is a West Sacramento Short Sale Right for Me?
Give me a call and let’s find out. We also offer a short sale lease back program for those who
qualify allowing you to short sale and stay in your home. Call me
for details
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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