Home Buying in 94903 : Real Estate Advice

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Scott Lawson, Real Estate Pro in Petaluma, CA
Scott Lawson answered:
i just bought a townhouse and am using a fha loan. the townhouse is in the process of getting reapproved by fha. is there any way to close now?
Townhouse is not a truly recognized term in real estate. Find out if it's either a condo or a PUD. If it's the latter, there is no HUD requirements. The property is treated the same as ... more
0 votes Share Flag Wed Nov 28, 2012 Home Buying in 94903
Scott Lawson, Real Estate Pro in Petaluma, CA
Scott Lawson answered:
pud fha APPROVED
Yes, PUDs are treated the same as a single family residence. The only requirement the lender will have is they will require a copy of the master insurance policy and to have your new le ... more
0 votes Share Flag Wed Nov 28, 2012 Home Buying in 94903
Alain Picard, Real Estate Pro in Puyallup, WA
Alain Picard answered:
2012 CAN I GET AN FHA LOAN FOR LAND AND MODULAR HOME BUILT ON THE PROPERTY IN , PLACER COUNTY CA $ APPRX 205,000
If the home is built on the property you should be ok.
0 votes Share Flag Fri Oct 19, 2012 Home Buying in 94903
James Gordon…, Real Estate Pro in Hamilton, OH
James Gordon ABR SFR SRS answered:
How do I find out if a townhouse qualifies for a FHA loan?
Ida as an agent that has over 20 years of experience you should know the answer to this so you must be asking this question to start a discussion. Any new agent should get the training ... more
0 votes Share Flag Sat Nov 13, 2010 Home Buying in 94903
Rudi Hofmann, Real Estate Pro in El Segundo, CA
Rudi Hofmann answered:
does fha do a land and modular house combo loan?
By Combo, if you mean a piggy back 1st & 2nd, FHA is not the way to go. You cannot avoid FHA mortgage insurance, regardless of the LTV.

Happy funding, Rudi
0 votes Share Flag Wed Oct 20, 2010 Home Buying in 94903
Tristan Cela…,  in Marin County, CA
Tristan Celayeta answered:
Our daughter is getting divorced and wants to keep her home in San Rafael, CA. 5.5% fixed rate loan, upside down by around $40-$50,000. Good credit.
The responses received will get you along the way. http://HopeNow.com, 888-995-4673, provides free counseling and guidance for distressed mortgages from HUD intermediaries.

There is ... more
0 votes Share Flag Wed Feb 3, 2010 Foreclosure in 94903
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