Can I buy a home after a short sale in Arizona or California ?

The answer is yes.

What do you do if had to short sale in your home in Arizona or California? Often times, most lenders won't even bother listening and shut the door right in your face. It almost feels like there isn't any hope. The great news is that at Academy Mortgage in Arizona and California, we do care and we do understand that many families are deserving of that second chance. YOUR EYES ARE NOT DECEIVING YOU!

I did just say that we can finance you after a short sale with a USDA Home Loan. How you ask? See the USDA Short Sale Matrix below for more information on how you can buy a home after a short sale in Arizona or buy a home after a short sale in California:

Short Sale with Late Payments:

Must wait for a minimum of 12 months from the last late payment
Short Sale Hardship Letter
GUS (Automated Underwriting) Approval

Short Sale with No Late Payments:

Must wait until the short sale appears on your credit report and we can finance immediately thereafter (1-2 months after the short sale)
Short Sale Hardship Letter
GUS (Automated Underwriting) Approval

Not only can we close most loans in ten days* but we can also finance families that are willing to purchase a home in an Arizona USDA designated area or California USDA designated area after a short sale.

For more information on how to buy a home after a short sale, contact Ted Canto or call me directly at 480.650.8602.

Posted Tuesday Jun 14