How long do I have to wait to buy another home

    After a Short Sale or ForeclosureIf you have had a short sale or foreclosure, and if you are a cop. Or related to a cop in Southern Calfornia, you may not have to wait very long.

    Most of the loan programs state anywhere from 2 to 7 years after a short sale or foreclosure.

    However, the LAPFCU, credit union – the Los Angeles Police Federal Credit union, states it could be one day after a short sale or foreclosure.

    That is because they are member dependent and not FICO dependent.

    They are also a Boutique Mortgage Lender!

    They look at the credit score, but also rely much on the specific member and the way they have been progressing during the time of their hardship.

    If they have let other bills go, they may not be a good candidate.  If they have kept up with everything else, and only the short sale or foreclosure was delinquent, they may be good to go.

    Here is a Youtube Video that has been put together after a meeting with the staff at the Los Angeles Police Federal Credit Union, the LAPFCU. The head lender gave a select group of realtors the intel today at a early Monday Monday Breakfast.

    I was glad to have been a part of the LAPFCU, When can I buy again, Short Sale and Foreclosure meeting.

    Make sure you tune into our real estate radio show and let us know when you are ready for our help!

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    Paris and Connor MacIvor

    Connor and Paris MacIvor are in the Top 1% of Realtors Nationwide, starting their real estate business in 1998 with RE/MAX Gateway - Santa Clarita Valley and Valencia CA. Their becoming licensed real estate consultants and representatives came from the horrible experience they had when they bought their first home. There were many things that the agent they had hired did not explain and disclose, which per law he should have. Getting that agent on the phone after they closed escrow and after he had gotten paid was impossible. Paris and Connor called the broker, the board of realtors, the office manager and all they received was the promise of a phone call back. The remedy did come, but not as fast and in the way they wanted. That act - that bad agent was the reason why Paris and Connor became Realtors. That was all they needed to vow to never let the same fate befall anyone else, that befell them. Today Connor and Paris are focused on client service. Protection and top-shelf service with regard to their real estate clientele. They primarily work within the Santa Clarita Valley and Valencia CA. However, for a referral, where 80+ of their business is referrals they have License and Will Travel to other parts of Ventura County, Los Angeles County, and Orange County to handle real estate transactions for those who trust their real estate operation. Writing on their Real Estate Blog is a passion. SCVnest.com/blog is where you will find over 10,000 real estate articles. Go to SCVnest.com/radio to listen to their latest real estate radio broadcast.

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