Posted on: 24th Oct, 2010 07:35 am
Is it possible to purchase a smaller, less expensive home if or after I execute DIL of foreclosure on my current home?
hi deannaboyd!
welcome to forums!
you won't be able to get a less expensive home immediately after a deed in lieu of foreclosure. you will have to wait for 3-4 years after a deed in lieu of foreclosure in order to get a mortgage.
feel free to ask if you've further queries.
sussane
welcome to forums!
you won't be able to get a less expensive home immediately after a deed in lieu of foreclosure. you will have to wait for 3-4 years after a deed in lieu of foreclosure in order to get a mortgage.
feel free to ask if you've further queries.
sussane