As some of you may know, selling a property you have owned for less than 90 days to an FHA buyer has been virtually impossible for the past few years due to HUD seasoning guidelines. On January 15, 2010 David Stevens, the Assistant Secretary for Housing, waived the existing guid ... Continue Reading
HUD No. 10-011 Lemar Wooley (202) 708-0685 FOR RELEASE Friday January 15, 2010 HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS Measure to help bring stability to home values and accelerate sale of vacant properties WASHINGTON – In an e ... Continue Reading
1) You need a 620 to be a buyer. Every buyer has the potential to raise their score 50 to 100 points if they take an active role in repairing their credit. Make repair mandatory to sell your lease option homes!! 2) Buyers can buy your home without money down. They ca ... Continue Reading
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