BUYING A HOUSE AFTER BANKRUPTCY, SHORT SALE, OR FORECLOSURE
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Bad things happen to good people. Just because you may have experienced a situation in your life does not mean you are a bad person. I often get people who want to buy a house but have no idea if it is possible after filing bankruptcy or experiencing a short sale or foreclosure.
Thankfully, you can buy another house even if you had one of these happen to you in the past. Watch my episode to learn the difference between the two types of bankruptcy filings, short sale, deed in lieu of foreclosure, and last a foreclosure. Each are vastly different but they all affect your ability to purchase a home.
In this episode, I also give a quick overview of the different types of financing. We discuss conventional, FHA, USDA, and VA financing. Each loan product is different and is geared towards a specific type of person or property. Learn how each loan program has different requirements for purchasing a home after experiencing bankruptcy, short sale, or foreclosure.
To learn more about the USDA loan program and if a property you are interested in is eligible, click the link below to visit their website and get more information.
https://eligibility.sc.egov.usda.gov/...
Get My Book
For more information on the home buying process, you can purchase my digital ebook at https://www.therealestatebaddie.com
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Podcast Episode #2: https://youtu.be/vgbQU4dV7QM
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