How Long After A Foreclosure Can I Buy a Home?

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Foreclosure | Photo 18

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How long after a short sale or foreclosure should you wait before to buy a new home again?

Many people seem to think that your chances of becoming a homeowner again after a foreclosure are slim, but that's just not the case. While a foreclosure does have a serious effect on your credit score, which can make securing a loan or buying a house tough, lots of people survive foreclosure and go on to become happy homeowners once again, just by putting a little work in. But let's get to the facts.