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Tagged : buying

Found 2 blog entries tagged as "buying".

FHA Back to Work Extenuating Circumstances Program
Shortsale? Foreclosure? Bankruptcy? You may NOT have to wait 3 years or more to buy your next home under the new HUD “Back to Work” initiative announced August 15th. If you qualify for the program, you may already be able to purchase a home as an owner/occupant with an FHA loan.

Eligible borrowers would be those who experienced a “significant loss of income due to circumstances beyond the borrower’s control” which in turn triggered an “economic event” that impacted their financial status.  

 An “economic event” is defined as one of the following:

  • Short sale
  • Deed-in-lieu of foreclosure
  • Foreclosure
  • Chapter 7 bankruptcy
  • Chapter 13 bankruptcy
  • Loan modification
  • Forbearance agreement

 “A significant loss of household income due to

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by Lisa Alberian


When my family decided to move to Las Vegas, we rented a house in a nice neighborhood. Since we didn’t know much about the area, we relied on our real estate agent’s knowledge to help us make decisions in addition to a lot of our own research. We were very fortunate to find a nice rental house in Henderson. 

At first, everything was completely different than what I was used to and nothing felt like home. Every chance I had, I drove around different areas to get a feel for what “living in Las Vegas” could be. You can learn a lot about an area by going into local businesses. It is NOTHING like “The Las Vegas Strip” out here in the suburbs! After a while we finally felt settled in with new careers and that’s when I started thinking…. 

7,071 Views, 2 Comments

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