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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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18 May 2016 | 5 replies
Otherwise if you have a vacant single family home, you could see if he'd want to transfer to it.
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18 May 2016 | 0 replies
It's really hard to find comps within the district since it's so small and there isn't much sales data.
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23 May 2016 | 13 replies
In the case of the two units, the tenants that live in those apartments were friends with each other, and were constantly going back-and-forth between units, which transferred the bedbugs.
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19 May 2016 | 11 replies
Ask Lenders this question:- If I come up with the cash, and title transfers to me, can I apply for "delayed financing exception" up to the full purchase price (so long as it appraises for 140%+ of my purchase price) - without waiting six months?
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13 May 2018 | 3 replies
Interesting info on City Data: w w w city-data . com/city/Southbridge-Massachusetts . html
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23 May 2016 | 9 replies
I'm a full-time Realtor here on Maui, from Seattle, and I tell all my clients that my goal is to educate them on our values and provide as much information as I can about the property, neighborhood, historical sales data, current market conditions, etc.
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23 May 2016 | 5 replies
I could be mistaken though just wondering if there is some type of query running that truncates the data after or before a certain year?
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2 July 2016 | 12 replies
The fact that it is a 401k with a current employer greatly reduces the likelihood that your parent could transfer any of these funds to a self directed account now (while working for the company).
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11 August 2016 | 3 replies
Current seller may still have warranty on foundation and may be warranty will transfer..