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08-06-2008, 11:33 AM
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Does a borrower have to wait 3 years minimum after a...
...foreclosure to qualify for an FHA loan? Are there any exceptions to this 3 year rule? We had a real estate business that failed in 2007 and foreclosed on a couple of properties due to lack of income. Why will we have to wait 3 years with those extenuating circumstances?
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08-06-2008, 09:13 PM
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Talk to a real estate attorney about the rule of buying property and qualifying for a loan.
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