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What Is a HUD Home and Who Qualifies To Buy One?HUD uses local real estate agents to list the homes for sale and negotiate on its behalf, so your agent will work with HUD’s agent, not directly with the agency. As a government agency ...
The FHA appraisal also includes research on the sale price of comparable homes in the area, typically over the past six months. These findings are used to estimate the market value of the property.
FHA’s new policy will permit the immediate sale of foreclosed properties to legitimate ... “A glut of foreclosed and abandoned homes harms neighborhoods, frustrates homebuyers and delays ...
The Federal Housing Administration (FHA) announced this week that it has implemented updated appraisal requirements for the valuation of manufactured homes certified under Fannie Mae’s MH ...
When you use an FHA loan, you only need a 3.5% down payment. On a $300,000 property, that's $10,500. That's much more affordable for many real estate investors than coming up with a 20% down ...
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