1) What set’s the offical clock of a waiting period on getting a new FHA loan following short sale?
This may be a silly question, but how do I make sure I’m using the right date to look at eligiblity for an FHA loan after a short sale? Is it the date on the documents, credit scores, the date listed on public records sites? Is it safe to look at closing the day you are elligible, or better to wait another few days? I think I keep seeing the same date for ours, but I’d love to know when we can buy for sure.
2) Also, it’s ok to make offers and have a closing date just set after that 3 year waiting period is over?
So, if I am elligible in 45 days for example, it’s ok to house hunt and when a place looks like a good home for my family, but it’s say 34 days out, I could make an offer with the close day set 34 days out? Then, in that case, I’d just wait a few days to lock in rates, but I could make offers and plans?