Is it really possible?
If your goal is to purchase another home after a successful short sale, bear in mind that several factors come into play, and the top three are:
1. Credit
2. Income
3. Debt
A short sale will have an impact on your credit score, however ther are many variables that will play a determining factor as to whether or not you can qualify for a new loan. Although some situations are looked upon more favorable than others, there are usally time periods associated with obtaining a new loan.
If you have any questions about purchasing after a successful short sale with thebank on your Connecticut home, and what your options are, call me. I will put you in touch with the best lenders possible to see whether you can purchase a home much sooner than you thought you could.
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The Featured Home of the Week is at 125 Norton Road in Easton for $1.4M. See the virtual tour HERE
Buying or Selling a Home in Fairfield County? Contact us!
If you have a question about buying or selling Real Estate in Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy
Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like:
www.CThomesAndRealEstate.com www.TheCTrealtyBlog.com www.TheCTRB.com and www.CTfeaturedHomes.com
Email us or call Toll Free (855) GET-JUDY