after a short sale and new job how long do i wait to buy a house??

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after a short sale and a new job how long do i wait to buy a house??
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January 15 2010 - Spring Branch Central

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Profile picture for wetdawgs
After a short sale, you need a minimum of two years.

With a new job, if it is an specialty that you've never been in before, two years.

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January 15 2010

Usually 3 years depending on your credit score.

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January 15 2010
I've been told it's two years.  You may want to check with a lender.  You will also want to be sure to re-establish your credit during that time.  Lenders will not only look at the length of time after a short sale (or foreclosure) but how you managed your credit during that time.

There are options to short sale:
www.MakingHomeAffordable.gov
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January 17 2010
24 months unless your down payments is 30%.
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January 17 2010
 
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