Buy contract needs to state that the buy is contingent on 203k loan approval and additional repairs as required by FHA (Federal Housing Administration)& … #160; guidelines and the HUD approved lender….
More here:
Buying a Fixer? Consider a 203k Loan
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Granted, you may have to do a 203K construction loan on them due to current conditions, and it gives you an ?in? to great school districts and a lifestyle that for many is the lifestyle they will never leave. Need an FHA primer? Call me using the widget on ... Are you thinking about buying a home or selling a home? Let WestsideDB know how he can assist you in finding great deals like these two. Have a general question? We're here for that too. See you in the neighborhood. ...