Sentences with phrase «circumstances such as foreclosure»

Not exact matches

For homeowners who had extenuating circumstances such as prolonged income loss or major medical expenses, Fannie Mae has shortened its waiting periods to two years after a pre-foreclosure sale — a short sale or deed in lieu of foreclosure — and to three years after a foreclosure.

Exception: The lender may grant an exception to the three - year requirement if the foreclosure was the result of documented extenuating circumstances that were beyond the control of the borrower, such as a serious illness or death of a wage earner, and the borrower has re-established good credit since the foreclosure.

Whether they are forced to surrender their dog due to a change in living circumstances such as a lost job or foreclosure, or because a member of the family finds out they are allergic, or even if it is discovered that the dog is not a good match for their lifestyle, many dog owners would rather give up their dog to a good rescue organization than to a shelter where the dog may be euthanized.

As your bankruptcy attorney, we can help you if your are facing extreme debt circumstances such as vehicular repossession, or home foreclosurAs your bankruptcy attorney, we can help you if your are facing extreme debt circumstances such as vehicular repossession, or home foreclosuras vehicular repossession, or home foreclosure.

Through FHA's «Back To Work — Extenuating Circumstances Program,» borrowers who have gone through bankruptcy, foreclosure, deed - in - lieu, or short sale, may be eligible for an FHA - backed mortgage sooner if they can prove their financial hardship was the result of an economic event, such as job loss or a significant decrease in income.

Providing a reasonable explanation about the circumstances that led to the foreclosure — such as exuberant medical expenses — is also helpful.

If you're buying or selling a home under special circumstances, such as a foreclosure or short sale, ask your real estate agent to explain the implications of these transactions and the responsibilities of the buyer and the seller.