How long after a short sale should I wait to purchase another home?

One of my most experienced Loan officers says:  There is a 48-month recovery time period required for reestablishment of credit when you have a short sale.

Luis E. Hernández, NMLS# 507136
Residential Loan Officer
Madison Branch
1222 E Madison St, Ste A 1 Seattle  WA  98122
Direct: 206-323-9823 D Cell: 206-491-4563   Fax 206-709-8596
E-mail: LEHernandez@bannerbank.com

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