http://avoidforeclosureorlando.net/45/how-soon-can-i-buy-a-new-home-after-selling-a-home-to-avoid-foreclosure/ How To Avoid Foreclosure And Save Your Home Thu, 12 Nov 2009 00:55:25 +0000 http://wordpress.org/?v=2.8.4 hourly 1 http://avoidforeclosureorlando.net/45/how-soon-can-i-buy-a-new-home-after-selling-a-home-to-avoid-foreclosure/comment-page-1/#comment-74 nick k Thu, 15 Oct 2009 07:18:59 +0000 http://avoidforeclosureorlando.net/45/how-soon-can-i-buy-a-new-home-after-selling-a-home-to-avoid-foreclosure/#comment-74 Depends on how badly the previous situation damaged your FICO score. Did you go through a short sale ? If so, you are going to be held financially liable for the difference between the actual sale price and what was owed on the property. Were you repeatedly late with payments on the previous mortgage ? Check your FICO and find out what it is. If it's less than 600, don't bother looking for a bit, until you get that score up somewhat. Depends on how badly the previous situation damaged your FICO score. Did you go through a short sale ? If so, you are going to be held financially liable for the difference between the actual sale price and what was owed on the property.
Were you repeatedly late with payments on the previous mortgage ? Check your FICO and find out what it is. If it’s less than 600, don’t bother looking for a bit, until you get that score up somewhat.

]]>