Credit Convalescence I know don’t know that there’s a firm rule of thumb out there — ultimately, individual lenders decide to make a loan or not based on individual circumstances — but there are some conventions as to how long it takes a would-be borrower to rehabilitate their credit after a short sale. The consensus?...Read More
Unrealistic Buyers, Exhibit A; or “The Contract for Deed Catch-22” I fielded a Web lead the other day from a very nice gentleman looking for a larger (over 2,000 FSF) town home near the lakes in move-in condition. For under $250k. Where the town home association rules allow an 80 pound dog (he had one)....Read More
