Posted on: 01st Sep, 2009 02:04 pm
if i short sale or foreclose on a house can i rent a house afterwards? i would assume yes
Hi buffetaz,
After foreclosure lender sell out property to recover loan amount. I think you have to talk to your lender about that.
Thanks & Regards.
gunz.ijjistaff
After foreclosure lender sell out property to recover loan amount. I think you have to talk to your lender about that.
Thanks & Regards.
gunz.ijjistaff
Yes you should be able to rent other property
You will need to do some explanation to the land lard about your situation.
Some of them may ask for more deposit or some one with good credit as co-signer
You will need to do some explanation to the land lard about your situation.
Some of them may ask for more deposit or some one with good credit as co-signer
well, you have to live somewhere, right? precisely as sunny has noted, you'll need to explain your situation to any prospective landlord. and, of course, the more you can place as a deposit, the better for your chances of finding a home to rent.
there should not be any problem. you can hire real estate professionals working in your area