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Updated almost 2 years ago on . Most recent reply
Deciding between two offers. One is FHA other in Conventional
Fha buyer came in at 285k 3.5 percent down and the lady really wants the house from what her real estate agent told us. Second offer is at 289k conventional loan. My broker advised me to take the FHA as she's a more "serious" buyer which does not make any sense to me.
Most Popular Reply
More of a serious buyer? How do they know have they met the buyers personally? Did they make a offer just for fun? Are they both asking for an inspection? what are the terms of the inspections. Is one lender better than the other? Lots to consider but id usually take a conventional loan for more money over fha