brickell short sales specialist: HUD OPPORTUNITY .........For First Time Home Buyers Who can Combine FHA's 203k loan
- 01/06/12 05:56 PM
The Department of Housing and Urban Development (HUD) is making it easier for first time home buyers to get into their home by buying a HUD property at full list price , but provide several concessions that include a FHA 203k loan for needed repairs rolled up into the mortgage , and as well HUD will cover up to 3 points of the closing costs.Buyers are required to live in the home and meet standard underwriting rules and conditions. This program is only being offered in Florida and a handful of other states and could end up with the buyer only … (6 comments)
The Brickell area in Miami is one of the most interesting places to live and work ,especially for up and coming young professionals recently being employed or transferred to the many new financial ,banking, and business organizations starting or expanding in the area.The influx of Latin American and other international enterprises into the area in the past few years is staggering .
Young professionals , in general , do not have the net worth to purchase a condo that normally goes with their titles ,so the best way to close that gap , a short sale … (0 comments)
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