Financing Is Available To Buyers With A Foreclosure Short Sale Or Bankruptcy On Their Record

Dated: 12/02/2014

Views: 793

According to Drew Wright, with On-Q Financial, one of our very best local lenders he has investors that will lend with a foreclosure, short sale or bankruptcy on your record.  

After the housing crash, millions of people lost their homes to foreclosure, deed in lieu or short sales.  These people are now prat of a wave of "boomerang buyers" - people who are reentering the housing market after a foreclosure or short sale.  
Boomerang buyers who are returning to the market are projected to make about 10 percent of all U.S. home purchases in 2014 according to John Burns Real Estate Consulting (JBREC).  That trend is expected to rise in 2015 and 2016 as more boomerang buyers become eligible for new loans.   
If you have had credit problems, a foreclosure, short sale, or have gone through bankruptcy in the past don't let that discourage you from seeing what ON Q FINANCIAL, INC can offer you.   Becoming a home owner doesn't have to be out of reach.  
For example:  
Most lenders require 7 long years before you are eligible after Foreclosure.  Drew has lenders that only require 2 years 
Most lenders require 4 years from a SHORT SALE.  Drew has investors that only require 1 year. 
Most lenders require 4 years from Bankruptcy.  Drew has investors that only require 2 years.  
Having these options means opportunity and because of our vast selection of home loans there are many reasons why now could be your chance to purchase a home. 
 
Let me know if you would like to contact Drew or talk to me about a home purchase.  It is a great time with prices lower than they have been in over 12 years.  
Look forward to hearing from you.  Kathleen Argiroff, Century 21 Nachman Realty, 252-202-8147 
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Kathleen Argiroff

Kathleen relocated to the Outer Banks of North Carolina with her husband and three children in 1989 from the Philadelphia and Stone Harbor, NJ areas. One of her greatest pleasures is introducing peopl....

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