5 tips for bouncing back after a foreclosure or short sale

5 Tips to Bounce Back after a Foreclosure or Short Sale.. Fannie Mae has shortened its waiting periods to two years after a pre-foreclosure sale – a short sale or deed in lieu of foreclosure – and to three years after a foreclosure. That’s down from the standard waiting periods of four.

(AP) – Philip and Denise Powell lost their home in 2011 after Philip’s hours as a pastor were cut in half and Denise was sidelined by a surgery. But they were determined to become homeowners.

Bounce Back from Foreclosure 5 bounce-back tips after a foreclosure or short sale HIGHLAND, Calif. – Aug. 12, 2016 – Philip and Denise Powell lost their home in 2011 after Philip’s hours as a pastor were cut in half and Denise was sidelined by a surgery.

5 tips to bounce back after a foreclosure or short sale originally published august 20, 2016 at 8:00 am Losing a home to a foreclosure or short sale is devastating, but there are ways to ease your.

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Philip and Denise Powell lost their home in 2011 after Philip’s hours as a pastor were cut in half and Denise was sidelined by a surgery. 5 tips to bounce back after a foreclosure or short sale.

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5 Tips to Bounce Back After a Foreclosure or Short Sale By DEBORAH KEARNS, NerdWallet via The Associated Press

5 tips to bounce back after a foreclosure or short sale FILE – In this July 22, 2015, file photo, a "Sold" sign is posted outside a Harbor Beach neighborhood home in Fort Lauderdale, Fla. Losing a.

5 tips to bounce back after a foreclosure or short sale. Fla. Losing a home to a foreclosure or short sale is devastating, but it doesn’t have to define you.. lenders are just a few of the.

FILE – In this July 22, 2015, file photo, a "Sold" sign is posted outside a Harbor Beach neighborhood home in Fort Lauderdale, Fla. Losing a home to a foreclosure or short sale is devastating, but.

Five tips to bounce back after a foreclosure or short sale. DEBORAH kearns nerdwallet. published 12:00 pm EDT, Thursday, August 11, 2016

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In general, you’ll need to wait seven years after a foreclosure or short sale to get a conventional mortgage, three years to get a Federal Housing Administration or U.S. Department of Agriculture loan.