“Second Chance” Loan Offers Buyers with Foreclosure or Short Sale Opportunity to Buy Before Seasoning

You can’t ignore the real estate market’s accelerated pace in recent months, with inventory flying off the shelves and prices rising faster than you can blink!  It’s a bit difficult for the large population that faced foreclosure, short sale or bankruptcy in recent years to watch, without being able to take advantage of the opportunities available to buyers today.

At Discovery Homes, those who have faced foreclosure, short sale or bankruptcy may have an opportunity to purchase one of our brand new homes, without having to wait for their seasoning date!  The “Second Chance” loan, offered by our Preferred Lender allows a buyer as soon as one day out of their Short Sale or Foreclosure to purchase again.  Buyers must fulfill the qualifying criteria, which includes a minimum credit score of 660 and a 20% down payment.

For more information and to see if you qualify, please visit one of our 12 new home communities in Northern California or call 888.41.HOMES.