Posted on: 16th Mar, 2009 05:49 pm
If I purchase a forclosure for cash, how long do I have to wait before refinancing in Glendale, Az.
Each lender is different. You may have to wait as long as 6 months
Hi rjflohr!
Welcome to forums!
If you have taken a mortgage in order to buy the property at the foreclosure, then you'll have to wait for about 8-10 months in order to get a refinancing. Moreover, before refinancing the property, the lender would check out if there's equity in the property.
Sussane
Welcome to forums!
If you have taken a mortgage in order to buy the property at the foreclosure, then you'll have to wait for about 8-10 months in order to get a refinancing. Moreover, before refinancing the property, the lender would check out if there's equity in the property.
Sussane
