Is it realtively easy to get a loan for a short sale? Or not?

Good afternoon,From the buyer's perspective, as long as the short sale has been approved, it is no different than a regular sale. Please let me know if you have further questions.Mike GeorgeAgape Mortgage(661) 324-2427

Purchasing a home that is being sold to you, and the seller is having to do a short sale to complete the transaction is not a problem.. so long as the sellers lender(s) has already approved the pricing, things should go fairly smooth.. If your asking about purchasing a home after you have had a short sale, then there are programs out there that will allow you to purchase as soon as Immediately, after 12 months, after 36 months, or after 48 months.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

No different than any other house...

Getting the loan for a short sale property is not any different than a non-short-sale property. Where the differences lie are in the times necessary to close. In a traditional sale, only the seller decides if the terms are good. In a short sale, in addition to the seller, it also needs approvals from the bank (or banks) as well. These approvals can take as long is 4-6 months, but most are approved in weeks. To get yourself pre-approved, give me a call. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

Usually the only issue is time. It will depend on if the seller is just starting the short sale process or already has an approved short sale.