Wednesday, April 17, 2013 - Article by: Jerry Potter @ Cobalt Mortgage - Stearns Lending, LLC -
Is there hope after an adverse financial real estate event?
Yes. It is possible to purchase a home after a bankruptcy, foreclosure or short-sale. In addition to rebuilding your credit there are specific waiting periods that will determine whether you will qualify for a new mortgage loan. These wait times vary, depending upon your unique situation. To better understand, I've put together the chart below.
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