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can I buy a new house if a have another in short sell?

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can I buy a new house if a have another in short sell?


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You can, but not if you want to get a mortgage on it. Defaulting on your mortgage via a short sale is a huge risk indicator, and will eliminate the possibility of doing another mortgage for several years, depending on what program you would pursue in the future.

Answered 10 months ago
Ted Rood ✎
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