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August 15, 2015

Decoding “FHA Rehab 203k Loans” on MLS

Clues to Home’s Condition:  Seller’s Financing Terms “Seller Terms: FHA, FHA Rehab 203k, DVA, Conventional, Adj. Rate/Gr Payment, Special Funding, Cash.” –MLS listing Can you spot the yellow flag in the preceding list of financing options? No rule of thumb is 100%, but the vast majority of the time, when the Seller’s financing terms include...
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