Are you an investor that loves getting junkers below market value, fixing them up, and then reselling for a profit? It's a great strategy that can really allow you to build wealth in Real Estate. One of the challenges is always how quickly can you sell your property once the renovation is complete?
We all know time is money, so the sooner, the better. What about if you were approached by a buyer who was getting financing using an FHA loan? Well, you should be aware that you'll have to have been on title for a MINIMUM of 90 days. If you're not on title for 180 days, FHA may still ask for additional documentation.
At www.SaveMeFromForeclosure.com we recommend working with your own mortgage broker. The kind who knows which lenders are okay with you (the seller) only being on title for a few months.
We like to offer our buyers a closing cost credit to work with our preferred lender to ensure that the transaction closes on time.
Need a network of lenders? www.SaveMeFromForeclosure.com has strategic partners with lenders across the country, and you can benefit by earning referrals fees once you're in our network. For more information, please visit us on the web.
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