Another question on many people’s minds is whether they will be able to buy again after a short sale or foreclosure. Yes, buying again is possible, but there are generally waiting periods, and they differ between short sale and foreclosure. After a foreclosure, the waiting period is typically 5-7 years. After a short sale, it could be as little as 2-3 years.
I encourage you to watch this video clip. If you have any further questions about short sales or avoiding foreclosure, please call me at 480.354.7344 or use the Short Sale Calculator to see how you stand.