FHA 203k Stockton
By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Stockton has been one of the hardest hit foreclosure markets in the nation. A hot bed for the 203k loan guarantee program yet most of the homes are going to investors who pay "all cash" and that appears to be demoralizing the local non profits and buyers in general. Sellers "wake up". If you have a home that needs work you DON'T have to give it away. The FHA 203k offers that you keep turning down because your agent doesn't have a clue is costing you big time. Agents "wake up" to the 203k loan program if you are the sellers agent what is wrong with taking "all cash" to the seller from a prospective home buyer? NOTHING. You can get a higher sales price in many cases from a prospective buyer using the FHA or HomeStyle loan programs, your commission is therefore higher. A buyer who intends...
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