Time was ticking away. I had some turnovers that day and my shot—usually reliable, sometimes infallible—just wasn’t working.
My coach pulled me aside and said, “Just get out there and go for it. The past doesn’t matter. Everybody makes mistakes, that’s why pencils have erasers.”
Needless to say, that was a moment from childhood that stuck with me, and it seems especially relevant to the new seasoning requirements for people who have faced a foreclosure, bankruptcy or short sale. People deserve a second chance sometimes, but the forgiveness is not unconditional. There are some guidelines and requirements that borrowers with a short sale, foreclosure or bankruptcy on their credit report have to meet in order to qualify for the purchase of a home or an investment property.
For some of the major lending institutions, the seasoning requirements for various types of mortgage loans available to real estate buyers and investors are:
City To Consider New Leases For Fintech Firm, Senator's Office
Emma Dill
-
Jul 15, 2025
|
|
Leland-based Firm's Product Earns Innovation Award
Staff Reports
-
Jul 15, 2025
|
|
Tree Alliance Announces New Board Members
Staff Reports
-
Jul 15, 2025
|
|
Ullucci Named Founding Director Of Physical Therapy Doctoral Program
Staff Reports
-
Jul 15, 2025
|
|
TD Bank Promotes Johnson To Retail Market President Of Mid-South Metro
Staff Reports
-
Jul 15, 2025
|
The Mayfaire-Landfall area remains in high demand among buyers searching for a higher-end neighborhood and convenience....
Kim and John Hirchak, founders and owners of The Black Cat Shoppe, launched the first formal 90-minute ghost walk in 1999....
Jordan Giovannucci opened Canary Yellow, a business with boutique hotel, retail and coffee components, this year....
The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.