FHA changes for those who short sale - New York News

FHA changes for those who short sale

Updated:

Many people will visit open houses and look at homes over the weekend. But for many Americans, the visits will only feel like window shopping.

However, there's finally good news for people who have done a short sale on their home recently.

People who have had a short sale on their homes typically have to wait several years before they can get a loan for a house again.

FOX 10's Syleste Rodriguez explains how these homeowners can get into a new home within a year.

FHA-Approved Mortgagee Letter
http://csspe.com/wp-content/uploads/2013/08/Mortgagee-Letter-Aug-15.pdf

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