Are you thinking to yourself “Can I buy a home after my foreclosure?” It is not impossible to buy a home after a devastating financial event. In fact, people who have cleaned up their credit and are financially sound and qualified to get a mortgage can buy a home as soon as they have surpassed a prescribed waiting period after the bankruptcy, foreclosure or short sale
If I have negative equity and owe more than my home is worth, should I do a short sale? You can prevent the bank from foreclosing on your home! This is a question that I hear on a very regular basis. Of course there is no simple answer to that and you really need to [...]
Part of doing a short sale is submitting a hardship letter to the lender stating your case and why with your situation, they should accept an offer on your home that is less than what is owed on it. What a hardship letter is not is a place to complain about what your lender has [...]
I always encourage people when they are shopping for a real estate agent, both when buying or selling a home, to ask lots of questions and find out if the agent they are talking to knows what they are doing. To that end, I am going to start answering a few of the common questions [...]
© Jacquie Cliff – Professional Seattle Area Real Estate Broker with Champions Real Estate Services
