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How to purchase a home after experiencing
a Foreclosure, Short Sale or Bankruptcy
Have you owned a home in the past but lost it to a foreclosure, short sale or bankruptcy?
Would you like to purchase a home again, but don't know if your previous credit problems
will allow it? Are you aware of the credit repair options, lending guidelines and loan
programs available to people trying to purchase a home after losing their previous one?
Owning a home is still a big part of the American dream and the conerstone to most families'
financial goals. With home prices 25% to 50% off of their all-time highs, and interest rates
near historic lows, housing affordability is the best that it has been in years. For people who
have been forced into renting due to a financial setback, the current housing environment provides
a great opportunity to become a homeowner again at a much lower cost than just a few years ago.
As a reference guide, our e-book "Own After Foreclosure" covers such topics as the factors behind the last real estate
boom and why we are still feeling the effects today; credit reports, credit scoring, and how to
improve your score; what the best loan programs are for borrowers with past credit problems; and
what the two most important factors are that must addressed before you are considered "lendable"
again by financial institutions.
This site provides information for establishing where you stand today and what steps you need to
take in order to become a homeowner again. If you have experienced a foreclosure, short sale or
bankruptcy but wish to purchase another home either now or in the future, the information provided here will help you identify the steps you will need to take before you can confidently start
looking for your next home.
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