Buying a Home after a Short Sale or Foreclosure

Buying after foreclosure or short sale roseville Rocklin

So maybe you had a short sale a few years back … or perhaps experienced a foreclosure, but time has passed and you’re ready to be a home owner again (or not). Nothing wrong with being a home owner or renter, it’s whatever you’re comfortable with, but we are seeing a surge of requests from folks that are ready to buy again, who have experienced a home loss or sold their home by short sale in the past. So we want to help you know what your options are … there are many folks in your position.

The Question: “So When Can I Buy Again, After my Short Sale or Foreclosure?”

We sat down with Dara Delgado, Senior Loan Officer at Republic Mortgage Home Loans and she provided some invaluable insight to buying after a short sale or foreclosure. Steve and Dara discuss what you should be looking out for, how to prepare yourself, and what the timelines are right now for when you can buy after a short sale or foreclosure. We also touch on checking your credit report to verify items have cleared.

To talk to Dara Delgado about your specific situation, whether about buying after a short sale or foreclosure, and/or to simply buy your next home or refinance … or to simply ask questions, post below or give her a call at (916) 224-3327 – www.DarasLoans.com (Pronounced DaaaRRR-ruh – so don’t panic on the pronouncing of her name, we have your back, we’re cool like that …)

Watch Dara’s Video on “Upside Down, Buy Moving Up”

If you have any questions about fixing your credit or checking items out – we suggest speaking to your trusted credit restoration or perhaps, Blue Water Credit LLC of Roseville, CA - (916) 315-9190

** Before making any big decision regarding purchasing, executing a short sale, or allowing your home to foreclosure – always make sure to consult your tax person and/or attorney and research what is the best option for your specific situation. **

Dara Delgado, Sr. Loan Officer – Republic Mortgage Home Loans
NMLS# 249825 101 Parkshore Dr. Suite #245 Folsom, CA 95630 (916) 224-3327
Dara Delgado Senior Loan Officer Sacramento
Coldwell Banker Sun Ridge Roseville - Steve Ostrom
Steve Ostrom – Coldwell Banker Sun Ridge REALTOR ®  916-308-2446 • BRE 013441544011 Woodcreek Oaks #110, Roseville 95747
Have any questions? Give us a call or send us an email – 916-308-2446 – RosevilleAndRocklin@gmail.com

  • Craig Bosse

    Hello… That depends on which state you are looking to buy. We
    have an exclusive portfolio program (meaning it’s not gov’t backed and
    only available through our bank) that allows you to buy again one day
    after Short-Sale or Foreclosure. It’s available in AZ, CA, CO, DC, FL,
    HI, IL, MD, MT, NV, NJ, NY, NC, OR, SC, VA, and WA. The requirements are
    a 20% downpayment and a 660 mid FICO score. You can find out more info
    from the link below – http://www.trulia.com/blog/walnut_creek_real_estate/2013/09/no_wait_after_short_sale_or_foreclosure_to_buy_a_home_not_fha_back_to_work

    • http://www.RosevilleAndRocklin.com/ Heather and Steve Ostrom

      Thanks for commenting @craigbosse:disqus . Grateful for your time and feedback. :-) Yep, we’re just focusing on California items, but always good to know about other states. ~ It’s funny you brought up this topic because that was the subject of our next video (re: buying right after the short sale or foreclosure). Thanks so much for the feedback!

      • Craig Bosse

        Great! I’d be happy to share the details of our program with you. Let me know. My # is 925 381 6577 .

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