West Sacramento Short Sale Information – Wells Fargo – How Long Before I Can Buy Again?

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.

Wells Fargo 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 Wells Fargo Short Sale, or any other West Sacramento Short Sale for that matter, you can generally buy again in two to three years. VA loansare 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 Wells Fargo 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 an West Sacramento Short Sale Right for Me? Give me a call and let’s find out.

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.