Buyers

How Long Do I Have to Wait?

David Olson, RealtorBy David Olson, Realtor · October 25, 2026 · 3 min read
How Long Do I Have to Wait?

Twin Cities Property Finder · David Olson, Broker · MN #BK3603584 · Whitefish Property Finder · MN #40646463 · Licensed in Minnesota, Wisconsin and Florida

The question concerning people who’ve had a foreclosure, short sale or bankruptcy is when they will be able to qualify for a mortgage loan.

Here’s what to know, whether you’re selling, buying or just curious.

Here’s an honest look, whether you’re selling or buying.

Ready to make a move?I’ll show you what homes nearby are really selling for and which streets fit your budget.

What to know

It takes different amounts of time to heal credit scores based on the event.

The following chart is meant to be a general guide for how long a person might have to wait. During this waiting period, it’s important that the person be current on all payments and maintains a history of good credit.

A recommended lender can give you specific information regarding your individual situation and can make suggestions that will improve your ability to qualify for a mortgage. We want to be your personal source of real estate information and we’re committed to helping from purchase to sale and all the years in between.

A simple plan for your move

I’ve been helping people sell and buy homes across Minnesota, Wisconsin, and Florida for about two decades, and I build and remodel luxury homes too. I’ll help you see both what a property is and what it could be.

1Get clear on the numbersFor sellers, a realistic value for your specific home. For buyers, what your budget actually buys in the neighborhoods you like.
2Walk it with a builder’s eyeWe spot what an inspector is likely to flag before it becomes a negotiation.
3Prepare or positionSellers get a prep list and a staging plan. Buyers get a short list of homes that truly fit.
4Move with confidenceOffers, inspections and closing, with one steady guide keeping it calm and on schedule.

Getting the house ready, or making it yours

If you’re selling and want repairs handled before buyers see them, Super Crew Contractors can give you an estimate. If you’re ready for something custom, Ivy Lane Homes does luxury home building and remodeling. And a quick coverage check with Intrinsic Insurance before closing can save you a surprise. Ready to talk? Start a buyer plan or ask what your home is worth.

Super Crew Contractors, Ivy Lane Homes and Intrinsic Insurance are owned by David Olson; you are free to use any contractor, builder or insurer.

Your next step

Every move is different. Whether you’re selling or buying, I’ll help you make a plan that fits.

Please note: I don’t handle rentals or property management. I work with sellers and buyers, and that’s where I can help you most in the Twin Cities.

Twin Cities market notes

Stay close to the market, without the noise.

Every so often I send a short, practical note: what Twin Cities homes did, prep tips that are worth the money, and neighborhoods worth a look.

    It looks like you’re already on the list. Thank you! If something didn’t come through, call or text me at 952-314-9446.
    David Olson, Broker, Twin Cities Property Finder

    Thank you! You’re on the list.

    I’m glad you’re here. A quick confirmation is on its way to your inbox. Whenever you want to talk about your own home or a move, I’m a call or text away.

    — David

    Thinking about selling or buying here?

    Get a clear plan from a Realtor who knows these neighborhoods inside and out. Pick the easiest way to reach David.

    Keep exploring

    More in Buyers →

    What could your home sell for today?