How many FHA deals have you had that died because the appraisal says the property needs hand rails, some painting or 2 new windows? Your buyer is willing to fix the problems, but can’t get on the property until after closing. And the bank/seller refuses to spend the money to get them fixed before closing. I can help.
Norcom Mortgage has an FHA Escrow program that will benefit your client, the seller and you. We will allow up to $5,000 to be held in escrow for those non-structural minor repairs to be done after closing. Call me for details
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