I had a foreclosure, when can I buy again?
Foreclosures have become a way of life here in the valley. Most people think that with a foreclosure on their record they won’t be able to buy a house ever again, this couldn’t be farther from the case.
Fletcher Wilcox over at Grand Canyon Title has put together a pdf, “Renting VS Owning” that has tons of great information. In it, Fletcher talks about all the factors one should consider when thinking about buying or renting including a table showing when you can buy again after a foreclosure.
We think more people should produce great information like this. Fletcher created this little handout back in 2010 but much of the information is still valid. We like sharing this with you because we believe that an informed client can make better decisions.
This entry was posted on July 24, 2012 by cambridgeproperties. It was filed under Scottsdale Real Estate News and was tagged with Arizona, arizona housing market, arizona real estate, bankruptcy buyers, buying after bankruptcy, Living in Scottsdale, Luxury homes scottsdale, Phoenix Real estate, Scottsdale Real estate, Scottsdale Real estate News.