Short Sale Sellers | RI Real Estate Home Buying

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Short Sale Sellers | RI Real Estate Home Buying. ?Many Rhode Island have gone through short sales on their homes

RI short sale sellers take the next step!

in the last few years. ?It has been a tough time for homeowners as the difficulties mounted and the lack of funds to pay the home mortgage grew. ?However, short sales continue to be a part of our RI real estate landscape and understanding them further is important. ?However, I want past short sale sellers to know that many can now buy homes again. ?As long as you have your financial house in order.

Did you hear me past short sale sellers?

Now these are clearly defined limitations but not that unusual.

A client of mine was working in Connecticut, owned a home in southern RI and then lost his job. ?He went through the short sale process a year ago and had decided to see if at some point he could buy again due to his circumstances. ?My buyer went to a number of lenders who were not up on the FHA new lending guidelines. ?Surprise? ?So I sent him to a local credit union that was well aware of FHA guidelines on short sales. ?My home buyer qualified because he had relocated to the north end of the state and was buying a home in central RI. Still over 45 minutes of driving difference which was allowed by FHA.

Talk to a good lender on FHA guidelines with short sales or best yet talk to me and let me guide you in the home buying process.

If you had not paid on your mortgage when you went through a short sale, you will have a two year wait from closing time until you can buy again in most instances.

As a coastal Rhode Island real estate agent, I can help you reach your home buying potential. ?Ensure you have the guidance you need from a Rhode Island real estate specialist. ?Call me today at 401.529.7849 or email me at RiByTheBay@gmail.com. ?Ensure you work with a RI real estate agent that protects your interests and not just theirs. ?Short Sale Sellers | RI Real Estate Home Buying.

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?Ginny Lacey Gorman?is your go to?waterfront Rhode Island Realtor? for real estate in?RI?and beyond?knowing the geographic area, schools, happenings and important tidbits of local information. ?Email her at RiByTheBay@gmail.com to make an appointment to find the home of your dreams too!

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Waterfront, oceanfront, luxury and coastal Rhode Island real estate?are my specialty but all of RI is my backyard.? So feel free to search for?RI Homes for Sale.??When you are in need of a real estate professional and specialist for your buying, selling or relocating needs and an internet savvy Realtor??who?sells RI houses?in this real estate market?call Ginny at 401.529.7849.

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About Ginny

Ginny Lacey Gorman has written 783 post in this blog.

I am a full time Realtor specializing in waterfront and luxury homes in the Southern RI area...affectionately known as the RI Realtor with the Sparkly Red Shoes. Guiding buyers and sellers towards their home dreams because there is no place like home. Living, working and playing in Rhode Island real estate.

Source: http://www.rihousehunt.com/short-sale-sellers-ri-real-estate-home-buying-again/

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