Al Raymondi's Ormond By The Sea Real Estate Blog


Purchasing after bankruptcy, foreclosure or short sale

Purchasing after bankruptcy, foreclosure or short sale

Here is a flyer from Mike Ramsey, a local mortgage loan originator giving us some good information about the length of time required following bankruptcy, foreclosure or short sale before you should try to get a new mortgage.


With the numbers of  bankruptcies, foreclosures and short sales that have occurred over the past several years there will be many folks in situations where this information could be very helpful.  Many families that are renting or staying with friends or relatives due to their credit hits may be considering once again becoming a homeowner.

Mike was kind enough to allow me to use his flyer and maybe when you are ready to purchase your next home or condo in the Ormond Beach or Daytona Beach area you will call Mike to help with your financing needs.



Have a great day

Al Raymondi
Ocean View Realty Group
1350 Ocean Shore Blvd. Suite A
Ormond Beach, FL 32176
Ormond By The Sea Florida sales and rentals of homes and condos 
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Comment balloon 5 commentsAl Raymondi • August 29 2013 10:03AM


Thanks so much for posting this, Al.   Lots of folks asking questions about this these days and this is a good resource for them.

Posted by Mary Ann Daniell Realtor, Delivering Successful Results Since 1999 (Coldwell Banker United, Realtors - Subsidiary of NRT LLC ) about 7 years ago


Timely post by you as I have read about some of these changes specificially FHA. I think this is all good news to folks who have had the horrible insovency problem smack them in the mouth. 

Posted by Robert Bob Gilbert, Your Katy TX ( West of Houston) Real Estate Expert (Berkshire Hathaway HomeServices Anderson Properties) about 7 years ago

This is good information for home buyers that have experienced a foreclosure, short sale or bankruptcy.

Posted by Roy Kelley (Realty Group Referrals) about 7 years ago

Helpful information!

Posted by Laura Giannotta, Your Realtor Down the Shore! (Keller Williams Realty - Atlantic Shore ) about 7 years ago

Thank you for stopping by to read my blog and to comment Mary Ann, Bob, Roy and Laura, I appreciate your comments and support.  Have a great day.

Mary Ann, thanks, yes there are loads of questions.

Bob, thanks, yes this may help some folks know when they can buy again.

Roy, thanks, I hope it helps.

Laura, thanks, yes lots of folks are looking for this info.


Posted by Al Raymondi, Ormond By The Sea Florida - Home and Condo Sales (Ocean View Realty Group in Ormond By The Sea Florida) about 7 years ago