In such cases, the borrower must provide evidence of the increased family size, such as birth certificates or adoption papers, and demonstrate that the current home does not meet their needs​.Vacating a Jointly-Owned Property: If a borrower is vacating a residence that will remain occupied by a co-borrower, such as in cases of divorce, they may be eligible for another FHA loan.

Hopefully it won’t be paid off and runs the full 17 years remaining. 

I have glanced over some of the new law, from my initial interpretation the new system will: - Premium bidding to win a tax lien, non refundable premium bid will remain the same. - 3 year redemption period will remain the same. - You no longer simply apply for a deed after 3 years and get it after the county attempts to find the owners.

Even if you use the installment method to defer some of the gain, the exclusion of gain under Section 121 remains available.As for your seller financing question, zero percent seller financing is fine.

@Jason Redeker happy to answer any questions about operating short-term rentals in the Lake Geneva area...I'm the owner of Elite Lake Rentals and we manage 7 fully-licensed homes there...3 in the city limits (180 consecutive short-term rental days with the remaining 6-months being 30-night min or 1 rental per month) and 4 other homes that can be rented year-round. 

There are 25 properties that have notes just to be clear.   28 years remaining on payments. 

However, sellers should take note: while prices are up, the percentage of the original list price received has remained at 97%.

But if this remains your primary you can take out up to 90% CLTV using a HELOC.

Vacating a jointly-owned Property: A Borrower may be eligible for another FHA-insured Mortgage if the Borrower is vacating (with no intent to return) the Principal Residence which will remain occupied by an existing co-Borrower.

They only owe about $270,000 on a 1st lien that dates back to 2021 which is at 2.875% Interest and will remain at that FIXED Interest rate for 4 more years.