If your short sale involved a VA-backed mortgage, the portion of your VA entitlement utilized on that loan will be inaccessible moving forward. But you may have enough remaining entitlement â also known as second-tier entitlement â to purchase again without the need of a down payment.
PRIVILEGE, rights. This word, taken its active sense, is a particular law, or a particular disposition of the law, which grants certain special prerogatives to some persons, contrary to common right. In its passive sense, it is the same prerogative granted by the same particular law.
There is the mistaken belief that the only 'privilege' that you can have relates to skin colour. This is not the case. You can be privileged because of your class, educational background, religious background, the fact that youâre able bodied or cis-gendered. A lot of black women can and do have privileges too.