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Useful FHA information for Buyers & Sellers

Monday, January 16, 2012

Here is a useful article for anyone that is a first time buyer or seller. A good percentage of today’s buyers are purchasing homes for the first time working with FHA loans. As such, the FHA appraiser has certain guidelines he/she must adhere to when evaluating a property for mortgage purposes. As a homeowner looking to sell, it’s important to understand what is involved in the FHA loan process. With limited cash/conventional buyers in the market, your chances of having an FHA buyer are more likely and knowing what the FHA program requires will give you a better success rate of closing your transaction.

http://www.freerateupdate.com/property-conditions-for-fha-mortgage-approval-8638

Posted in General by Judy Stringari Comments Off

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