how long to wait before buying new house
You don't have to wait forever after short sale. You can buy a new home in less than 2 years. I did! My Realtor turned me on the the Flexible Credit Loan, http://www.cfsflex.com. It seemed too good to be true, but I got approved and now have a pending offer, even after my short sale less than two years ago.Big banks said it could not be done.f you have sold your house as short sale but you have never been late on the mortgage payments, you can buy right away. FHA will allow you to borrow if you otherwise qualify. If you are in default on your mortgage at the time of the short sale, expect to wait three years before attempting to qualify for an FHA loan.