So you lost your home in bankruptcy, foreclosure, short sale or just gave it back to the lender using a deed in lieu, and you think you can’t buy a home again? Well, like ESPN’s Game Day co-host Lee Corso is known to say: “not so fast, my friend.” The prospect of buying a home […]
Austin Foreclosure Market Reports
How's the foreclosure market in Austin? Can I get a great deal on a foreclosure in Austin? How much shadow inventory is projected? Check out our monthly Austin Foreclosure Market Reports for our analysis on the foreclosure market in Austin.
Looking for to buy a foreclosure or bank owned home? Check out our How to Buy Foreclosures in Austin Guide.
How to Buy After Foreclosure or Short Sale
If you lost your home through foreclosure or was sold as a short Sale in 2009 or earlier, it may be time for you to re-enter the market now that the waiting period has elapsed. In Texas the waiting period is 3 years after a short sale or foreclosure to qualify for an FHA mortgage […]
Buying After Bankruptcy, Short Sale, Foreclosure or Deed in Lieu
Updated: March 20, 2017 In the last decade, bankruptcies, short sales, foreclosures or deeds in lieu of foreclosure have sky-rocketed, prompting the question: How soon can someone who has experienced a bankruptcy, short sale, foreclosure or deed-in-lieu qualify for a new home loan? The answer depends on how the home was lost, what kind of […]