Unique Sandwich 4-Flat for sale. - 02/11/10 05:23 PM
New four flat for sale in Sandwich. This four unit apartment building is unique in sandwich - it sits on over half an acre and has a four car detached garage! These four units all have 2 bedrooms, front and rear entrances and private storage with laundry hookups! Plus - there is a four car detached garage! For more information including photos, pricing, floor plan, etc. click on the following link: http://illinoishousehunter.com/07438631.ad
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FHA Helps speed up foreclosure sales! - 02/11/10 05:22 PM
In an effort to speed up the sale of foreclosure properties, the FHA has lifted the 90 day seasoning rule for 1 year. Huh? Seasoning? You mean paprika? Garlic? No....parsley, that's a seasoning. Right? Well, no. Whean it comes to real estate, the term "seasoning" refers to how long a buyer keeps a property before they sell it. The longer a buyer holds onto a property - the more seasoned it is. If you buy a "fixer upper" or "foreclosure" property you want to flip - you might run into problems when they buyer tries to get financing. FHA will not
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