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Updated over 13 years ago, 04/16/2011
Homesteps property not accepting FHA loans????
I just saw a Homesteps property I would like to purchase and was surprissed by the listing agent informing me that the seller, Freddie Mack, will only entertain cash and conventional loans. I was hoping to buy via a a 203k and owner occupy. Do you think I am being jerked around so that the 15 day period could end and then the listing agent can get an investor in? What recourse do I have if any?