If you start receiving spouse's benefits at age 62, your monthly benefit amount is reduced to about 32.5 percent of the amount your spouse would receive if their benefits started at full retirement age. 67 is 50 percent (the maximum benefit amount). Age To Receive Full Social Security Benefits.
If there are many foreclosure homes available at one time, a buyer's market may form, resulting in lower sale prices. In 2013, foreclosed California homes spent about 34 months or nearly three years in shadow inventory before they were sold, according to the Inman News real estate website.
Waiting Period to Buy After Foreclosure. 1  Buying After a Foreclosure The waiting period is 5 years up to 7 years. 2  Buying After a Foreclosure With Extenuating Circumstances The waiting period is 3 years up to 7 years. 3  Buying After After a Deed-in-Lieu of Foreclosure The waiting period is 4 years up to 7 years. Buying After a Deed-in-Lieu of Foreclosure With Extenuating Circumstances The waiting period is 2 years up to 7 years. Buying After a Short Sale The waiting period basically is 3 to 5 years. A few portfolio lenders are lending with 20% down and no waiting period.