Originally Posted By: MustangGal
I've been employed full time from 4/03 to 8/10, unemployed 8/10 to 2/11, and employed 2/11 to present. I'd like to purchase again next year.

Thus, I wonder how my unemployment will affect a loan? Also, what is the timeframe in which to repurchase so that I don't pay taxes?


Obviously there are different tax laws in U.S. I never had to worry about timing in terms of home purchase. I never considered at all whether or not I would eligible to get a home if I was unemployed for a time period...especially when one has some savings.

Exciting times.
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