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Updated almost 12 years ago,

Nick Miller's profile image
Nick Miller's profile image
Nick Miller
  • from warwick, ri
  • Member since May 3, 2012
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Nick Miller's profile image
Nick Miller's profile image
Nick Miller
  • from warwick, ri
  • Member since May 3, 2012
Connect
Nick Miller
  • warwick, ri
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Real Estate Deal Analysis & Advice

Concessions, HUD, FHA

Nick Miller
  • warwick, ri
Posted

Hi there,

I'm looking to put a bid on a HUD house, using an FHA loan.
The house is listed/appraised for 90k. The house is worth that and i plan to offer slightly more than asking. I know that anything over asking price will have to come out of my pocket.

My question is about concessions and if its possible to get any from either the seller or lender without reducing my offer.

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