Real estate question. Short sold a home almost 5 years ago, have a current FHA loan, looking to purchase another property. Any options to get a loan?
Thread DetailsLast Edited by mikeyz August 13, 2015 at 02:06 PM
Come today, our family is looking to move and get into a bigger home and there are a few that suit our needs.
The 4 year short sale date is Feb 2016.
Do we have any options now to get a second loan for another home? Can you do any contingent sale of our home now with the FHA loan?
We have 20% cash to put down for the new home if that makes any difference, dont have any dept at the moment, its just that short sale on our records. Both me and my wife work full time with well over enough to cover mortgage.