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Updated almost 2 years ago on . Most recent reply

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James Smith
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James Smith
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First-Time Home Buyer

FHA Self Sufficiency Test Question

James Smith
Posted

Ive received conflicting guidance and just want to confirm...

For the self sufficiency test, 

If a tenant has a month to month lease, will the appraiser use fair market rent values instead?

If a tenant has an expired lease/no current lease/tenant at will, will the appraiser use fair market rent values instead?

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