Short Sale, Bankruptcy & Foreclosure - Oh My or Oh Well...
More people than at any other time in our history, have had to short sale their homes, have let their home go to foreclosure or have filed for Bankruptcy relief because of loss of a job, death, divorce, military service, health issues or due to other financial hardships. These are serious challenges that nobody would choose to have happen for their life.
However, it happens and it has happened to many Americans since the financial crisis and the real estate meltdown. But, it doesn't have to be the end of world - you can recover.
Most people don't know that they can qualify for a mortgage loan sooner than they think when they have recovered from their financial hardship - sometimes the very next day.
When you have overcome and recovered from your hardship circumstances, you can buy a home and get back on track to achieving your dreams.
SHORT SALE: You may qualify for an FHA loan, to buy your next home, the next day after short selling your home.
BANKRUPTCY: You may qualify for an FHA loan 2 years after a Chapter 7 Bankruptcy - 12 months after a Chapter 13 Bankruptcy.
FORECLOSURE: You may qualify for an FHA loan as soon as 3 years after a foreclosure.
Home prices and interest rates are down. To get on the road to financial recovery, contact me today. If you are considering short selling your home, I can help educate you as to your best options.
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Since 1998, Mark has been providing expert representation to buyers and sellers of homes, condos, multi-unit properties and multi-million dollar estates.
His clients include friends - old and new - colleagues, professional football and basketball players, original founders of Fortune 500 companies and other high-profile personalities, who value their privacy and anonymity. Mark has also consulted Nationally and Internationally with many interested in buying and selling real estate.
Mark can be reached at 619-246-2860.
Email: markonthemark@gmail.com
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