With a record number of short sales and foreclosures on the Colorado market today, many homebuyers are clamoring to take advantage of what could be a tremendous investment opportunity. The challenge is that many of these properties are distressed and in desperate need of repair. So how does a cash poor buyer purchase a home
October 1st brings 4 BIG changes to FHA, VA and USDA loan guidelines that offer two pre-Halloween tricks and two delicious treat for VA homebuyers. VA Funding Fee Reduction – TREAT! This is a real treat for any eligible current or ex VA service member! As of October 1, 2011 the VA funding fee
I’m purchasing a home with an FHA loan and have been told that I might be able to use an FHA repair escrow for the work that needs to be done. I do not want to write an offer on this house unless this is the case since I do not have the money to make the repairs on my own. Can you tell me how and when an FHA repair escrow is allowed?
