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Conventional Rehab

Seller Terms: “FHA Rehab 203k, Conventional, Conventional Rehab, Adj. Rate/Gr Payment, Cash”

MLS Shorthand for “Potential Tear-Down” Test your knowledge of today’s housing market, and field this question: How can you determine that a “For Sale” home on MLS is a potential tear-down? A.  The MLS photos show a home in decrepit condition — or, there are no photos. B. In the “Seller Terms” field on MLS,...
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