Foreclosure, short sale, and deed-in-lieu each carry their own seasoning clock, and it varies sharply by program. Here's how soon you can buy again in Colonie.
The shortest standard-program wait, plus a CAIVRS check.
From the completed sale or title transfer date.
Possible if current on payments + relocating for a job.
The longest wait of any program covered.
The Capital Region’s largest suburb and its retail hub, anchored by the Wolf Road corridor. Colonie draws steady demand for its convenient location, solid schools and mix of established mid-century neighborhoods and newer builds. A foreclosure doesn't close the door on buying in Colonie — VA and FHA both offer a real path back.
Full FHA, VA, Conventional, USDA, SONYMA, Non-QM, Jumbo, and Land Loan detail lives on the Buying After Foreclosure page — here's the quick comparison.
| Program | Foreclosure wait | Short sale / DIL wait |
|---|---|---|
| FHA | 3 years | 3 years (waivable to 0 days) |
| VA | 2 years + CAIVRS check | 2 years + CAIVRS check |
| Conventional | 7 years | 4 years |
| USDA | 3 years | 3 years |
| SONYMA | 3 years, no waiver | 3 years, no waiver |
| Land Loan | 3 years, zero tolerance | 3 years unless 2yr clean credit since |