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There is not a time limit on how long you have to wait to buy a home after a short sell. It all will depend on how long it takes to clear.

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11y ago

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How long do you have to own a home before you can sale it?

3-4 yearsAnother AnswerAs soon as you have clear title to the house, even with a mortgage -- as soon as the purchase is closed -- you can sell the home.


What is the purpose of a quick bridging loan?

The purpose of a quick bridging loan is to enable a person to complete the purchase of a property when they are still waiting to sell their own home. It provides a short term solution.


Can you sell a short sale to a friend?

As long as there are no side deals between the friends and the offer is at or near fair market value, the seller can sell their short sale to a friend. For more info on short sales, visit the related link below.


How can I short sell my home?

To short sell your home, you would need to work with your lender to sell the property for less than what you owe on the mortgage. This typically involves proving financial hardship and getting approval from the lender. It's important to understand the potential impact on your credit and seek guidance from a real estate professional or financial advisor.


What are the requirements and process for paying back the first time homebuyer credit received in 2008?

To pay back the first-time homebuyer credit received in 2008, you must file Form 5405 with your tax return for the year you sell the home. The amount to be repaid depends on how long you lived in the home. If you sell the home within 36 months of purchase, the full credit amount must be repaid. If you sell after 36 months, no repayment is required.

Related Questions

How long do you have to own a home before you can sale it?

3-4 yearsAnother AnswerAs soon as you have clear title to the house, even with a mortgage -- as soon as the purchase is closed -- you can sell the home.


Is it OK to have the same real estate agent sell your home and help to purchase a new one?

Actually yes. There are some agents who sell or buy your home while helping you purchase a new one.


Where can one purchase a new tub spout?

There are many stores that sell tub spouts. Home improvement stores such as Home Depot, Canadian Tire, Lowe's, and Home Hardware sell them. You can either purchase them in-store or online, if the store sells them!


Where in Edmonton can one purchase Argyle sweaters for women?

In Edmonton one can purchase Argyle sweaters for women from an Old Navy store. They sell a large range of both long and short sleeve sweaters in many styles and colors.


What is the purpose of a quick bridging loan?

The purpose of a quick bridging loan is to enable a person to complete the purchase of a property when they are still waiting to sell their own home. It provides a short term solution.


Which store sell pond fountains?

Home and outdoor improvement stores such as Home Depot sell these types of things for consumers to purchase. You should check the Home Depot for inexpensive pond fountains.


How does one purchase a williams sonoma home?

Williams Sonoma is a high-end retail company, the do not sell homes but they do sell a large selection of home goods. You can purchase items from Williams Sonoma online, in their retail locations, or via their Catalog.


What options exist to secure a house one wants to purchase while waiting to sell one's current home?

Make an offer that includes a contingency of sale of existing house by a certain date.Buy an option to purchase the house (take it off the market) for a modest fee, to expire in a short time.Borrow a bridge loan to cover payments on both houses until you sell the one you already have, then buy the second home with a new mortgage and pray you don't get stuck with three loan payments for very long.


Is it illegal to purchase products from a store and sell them for profit from your home?

No, it is not illegal to purchase items and then resale them for a profit. This is how businesses make their money.


Where can I purchase gutter guards from?

There are many places you can buy gutter guards from, including amazon online, which is a long standing and trusted source. Other places such as home base and B&Q sell items like this where you can go to the store and purchase them


Where can you purchase Nienmade Faux Wood Blinds?

Both Home Depot and Lowes sell Neinmade.


Where would one be able to purchase a home air filter in the US?

There are several places where someone could purchase a home air filter in the US. Stores such as the Home Depot would sell home air filters in the US.