Boomerang Buyers Making Moves to Return to Home Ownership: Now that the worst of the foreclosure crisis is in the rearview mirror, former home owners who lost their #homes to a
short sale or foreclosure are re-entering the #housing market.They've spent the last few years rebuilding their credit - and they're ready to buy again. Some boomerang buyers heading back to the housing market may find they have to make down payments of at least 20 percent to qualify for a loan, but others are finding opportunities to put down as little as 3.5 percent or 5 percent. The wait times for qualifying for a #loan can vary depending on the former home owners' circumstances. Read more
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