Just a friendly reminder...
The current minimum investment for an FHA loan is 3% of the purchase price. This means regardless of any credit a Seller may give a Buyer.. the Buyer MUST have 3% "skin in the game" to qualify for a FHA loan.
In 2009 this minimum investment goes up to 3.5%!
BUT if you can get an accepted offer in by the end of 2008 and your loan is assigned a FHA case number, you can still take advantage of the current rule of 3% down.
Happy Hunting!
I'm here to help! Call me!
My job is to get you the best deal I can and help you navigate through our complex Sacramento Real Estate Market. My team works directly with many banks to sell their foreclosed homes... so I HAVE A LIST OF HOMES NOT YET ON THE MARKET! Interested in Sacramento HUD homes? Check out my other blog I write dedicated to Sacramento HUD Homes for sale!
Are you facing a foreclosure of your Elk Grove or Sacramento home?
Get your answers on April 24th and find out what your options are! Short sale may or may not be your answer! Let me help you try and save your home
ON APRIL 24TH!
Find out more and WATCH THIS VIDEO!!!
REGISTER NOW For my next Foreclosure Prevention Workshop on April 24th!!!
Looking to buy a home? Search for homes for sale right now and register for your Free Listing Alert! Be notified when new homes come on the market!
Please contact me at my website or call me at (916) 585-3858 and let's discuss how we can work together to find your next home or investment property.
Find me online ...
