FHA Requirements Complicate Fixer-Upper Purchases

Many of the homes for sale are foreclosures that have fallen into disrepair or that have been vandalized by their former owners or random thieves. While there are buyers on the market who are willing to buy these homes and fix them up, sometimes their financing sources don't want to put their money behind these homes.

Read more about one instance of such financing difficulties in my Interest.com article, FHA Requirements Complicate Fixer-Upper Purchases.

No comments: