Starting Feb. 1, buyers may use FHA-insured financing to purchase properties resold through private developers and investors, providing access to a broader array of recently foreclosed properties. Prior to this announcement, FHA prohibited insuring a mortgage on a home owned by the seller for less than 90 days; though certain exceptions did exist, such as HUD-owned, government-owned, and bank-owned properties.
To see if you qualify please contact me
Leonardo Gonzalez
http://www.ChulaVistaCommunities.com
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