need to talk to someone who has bought house with fha within last year?
we just got bid accepted, going thru fha, 203k loan and this is first house, need steps on what is coming up and what not to fall for so we arent paying outrageous fees that arent needed, so anyone who has bought home within last yr or so, help would be greatly appreciated
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Tags:
amp,
blog archive,
change direction,
chicago illinois,
credit help,
fha 203k loan,
FHA Loans,
first house,
flood,
home repairs,
illinois mortgage rates,
legal expenses,
outrageous fees,
payday advances,
petaluma,
real estate investor,
real estate investor forums,
recession,
time buyers,
time homebuyer
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Especially when buying a home in today's market where foreclosures and short sales that need fix-up work are plentiful. But a little-known Federal Housing Administration (FHA) loan program that's been. ... The work has to be done within six months after escrow closes. Borrowers have the option of putting up to six months of mortgage payments on the end of the loan if they don't want to live in the house while the work is being done. ?Renovation financing is a program that ...