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17 September 2021 | 9 replies
The FHA loan program DOES restrict what an FHA mortgage will buy in such cases--you may not be able to purchase a home with an FHA mortgage unless it has been owned for a certain amount of time and the seller is the owner of record.Dina Boscio: (This would make it hard to flip and sell to FHA Buyer...But there is a work around)FHA loan rules in HUD 4000.1 state that the lender is required to verify that the seller is indeed the owner, and also to check the date of the owner’s acquisition of the real estateFHA Loan Rules Include a Time Restriction on Transfers of Title Check out what HUD 4000.1 says about buying real estate with an FHA mortgage and the lender’s requirement to compare the date of purchase by the current owner versus the date of execution on the sales contract for the FHA mortgage:“FHA defines the seller’s date of acquisition as the date the seller acquired legal ownership of that Property.
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19 March 2017 | 4 replies
I've been fortunate enough to hop onboard the social media marketing strategy and seen incredible results compared to the dwindling snail mail campaigns.
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18 May 2016 | 1 reply
The construction standard comparing AUS to USA is totally different so you can learn but your not going to be able to get funding easily in either country, just too young
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31 May 2016 | 19 replies
Then, if the house had a tenant, we compared what the current landlord was getting vs. what the market seemed to be demanding.
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19 May 2016 | 1 reply
Using comparable sold properties with similar condition to your end product, within a 1/2 mile (sometimes a little further), less than 6 months old, within 20% of square footage, not crossing major boundaries ( high ways, school districts, city lines, etc).
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20 May 2016 | 5 replies
Going back further in time and extrapolating present day values is orders of magnitude easier and more reliable than comparing townhomes to condos.
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5 May 2022 | 6 replies
Ok, back to the (now after being lowered two times very reasonable sounding price of $499,000.00J… Since this is supposed to be an analysis why don’t we compare this San Diego Price with the Stockton rents which are currently, according to the listing, $850*4 = $3,400.
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20 May 2016 | 1 reply
The comparable home prices are 665,000 for that area.
20 May 2016 | 19 replies
Don't buy into that market unless you believe it's going to change and raise the value of your property (appreciate).When doing the house-hack thing, compare the cost of renting your side of the property with market rents for similar.
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21 May 2016 | 2 replies
Look at $ per sq foot and $ per bd to compare with the recent sales.