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fha guidelines: Are FHA property guidelines as clear as mud in your town as they are in Los Angeles? - 08/17/10 03:43 PM
This house might need be worth the fight... 15 days into escrow and you found out the house does not meet FHA conditions. Sound familiar, well, it is in these neck our the woods of Southern California.
It seems more than ever we are getting agents and homeowners in the Los Angeles area coming to us with FHA compliance concerns over the houses they are listing and selling. The sellers have made all known "repairs" in the house, upgrades galore, and even had their "handyman" copper re-pipe. All good for FHA? Not quite. The buyers are qualified for FHA financing, … (1 comments)
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fha guidelines: You might want to know about FHA Property Conditions before writing an offer or taking a listing. - 05/25/10 01:30 PM
DON'T BE FOOLED. Just because your buyer is FHA qualified does not mean your house is. Just because the MLS states, "MAY qualify for FHA financing" does not mean the house actually will either! If you are a real estate professional, you would know "FHA qualified" does not just refer to the buyer but also the house on the market.
What is the significance in knowing FHA propertyconditions as a real estate professional? Well, imagine dragging your client around from listing to listing writing multiple offers. You finally get one accepted, but everything comes to a screeching halt when you find out the house does … (7 comments)
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fha guidelines: Fannie Mae- New game, New rules! - 09/17/09 01:20 PM
“You have to learn the rules of the game.
And then you have to play better than anyone else.” -Albert Einstein
You think Albert Einstein would make a great REALTOR®? Well, at least he "gets" the first key to be a success in this market... knowing the rules of the game.
“Fannie Mae” has been in the news as of late with rumors of a government bailouts and/or restructuring of some sort. Bailout or not, “Fannie Mae” and theFHA (Federal Housing Administration) plays a critical role in governing the rules in which the real estate market operates. In this post mortgage meltdown, FHA has become … (5 comments)
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Jerry Bronstrup
Los Angeles,
CA
More about me…
Bristol Builders, Inc. Your FHA Expert 866-775-8169
Address: 25020 Avenue Stanford, Unit 110, Santa Clarita, CA, 91355
Office Phone: (661) 294-1812 x 20
Cell Phone: (661) 816-6949
Email Me
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