To make properties even more affordable, HUD will reduce the down payment to just $100 if a teacher purchases a new home with an FHA-insured mortgage.Homes must be located in the school district in which the teacher is employed.

The first year's payments would be $10,152 including about $9,270 of tax-deductible interest.Suppose the property is rented for $13,800 a year, and the total of operating expenses paid by the owner, such as property tax, insurance, and repairs, is $2,500.

Can this type of deed eligible for title insurance?

I know insurance protects you, but doesn't the corporation protect your personal monies?

Hello,I have some questions about Lease Optioning a property:1) Who has the insurance on the house?

. - THEN handling the closing process - dealing w/ underwriters, banks, insurances, inspections, etc...3% - WITH A FULL SERVICE realtor is CHEAP!!!!

Since the home warranty is priced into the sales price, the tenant actually pays for it and it cover them with any large capital expenditures which could affect them making their payment.Like someone said here before, it is simple insurance.

Title Companies & Real Estate Attorneys Provide You with Title Insurance,they alert You to "clouds" on title (or anything that COULD Be a problem that the seller neglected to "mention";Home/Structural Inspectors give You a size up of repairs needed,Apprraisers give You an accurate valuation of the property & marketplace (& also point out any obvious structural or neighborhood problems)With an appraisal, You'd KNOW Whether You were potentially paying too much or not....There isn't too much left except failure to follow thru after purchase in the case of making needed repairs?

I work at a full-service insurance angency with financial services.

Savvy OPM will setup safeguards within their funding to insure the borrower success.