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Tag Archives: FHA loans
FHA Program Offers Help to Buy a Home to Rehab
If you don’t mind buying a “diamond in the rough”, you may want to consider the FHA program that offers help to buy a home to rehab. The FHA (203) Rehab Program was created to help clean up the rundown homes in a neighborhood while helping homebuyers afford to do so. Continue reading
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Tagged fha help to purchase rehab homes, FHA loans, hammond real estate, hammond realtors, tangipahoa homes for sale
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Adapting to the New Real Estate Industry
As things change, we must learn to adapt. Now that the tax credits have ended and probably will not be renewed, it is a good time to learn to adapt to the new real estate industry.
The up-front mortgage insurance premium of FHA loans went from 1.75% to 2.25%. FHA announced that it was reducing the seller allowance from 6% to 3% earlier this year, but they have not announced a date that it will go into effect. However, fellow agents, this is a window of opportunity for you to start talking to buyers and sellers while they still exist.
Appleton FHA Loans Are The New Low Down Payment Mortgage
The mortgage industry has changed so much in the last few months that Appleton FHA loans have become the new low down payment mortgage option. Continue reading