Hello Felix! If you are relocating with a transfer from work, and your current mortgage is not FHA, than Yes, you may purchase the property using FHA. I have highlighted the area that pertains to you. Reads as follows,

"A. Relocations. If the borrower is relocating and re-establishing residency in another area not within reasonable commuting distance from the current principal residence, the borrower may obtain another mortgage using FHA insured financing and is not required to sell the existing property covered by a FHA-insured mortgage. The relocation need not be employer mandated to qualify for this exception. Further, if the borrower returns to an area where he or she owns a property with an FHA-insured mortgage, it is not required that the borrower re-establish primary residency in that property in order to be eligible for another FHA insured mortgage." Please feel free to contact me with any further questions. I would happy to answer your questions.
Warmest regards, Cookie

Hi Felix,
Great home choice. Excellent buy too. It is still available for now and I would recommend getting your pre-qualification letter for your FHA loan ready now so we can make an offer for you as soon as possible. I will be happy to help you discuss the perameters of your offer in a more private setting when you are ready to do so. This property wont last long I can tell you that. All offers must be accompanied with an asset letter or pre-qual. letter depending on whether you are a cash or finance buyer. Foreclosures are going for over list now and there are usually multiple offers. However, I have been very successful in acquiring properties for my buyers by making the write offer the first time whether we are offering cash or needing to finance. Please feel free to contact me at 239-464-8620 or sarahgarrett@argfl.com for additional advice. If you would like to have up to date information on the Florida Gulfcoast MLS please go to http://www.swfloridahomebuyer.listingbook.com. This will also help you with comparable properties should you miss out on this one. You will also be able to ask me specific questions pertaining to each property you find of interest. Happy to help you find your piece of paradise in SW Florida.

Sarah Garrett, Realtor
ALLIANCE REALTY GROUP
"Chosen Best in Client Satisfaction 2006-2009"
By Gulfshore Life Magazine
239-274-6637x3030 http://www.homebuyersellerhelp.com

If you would like to purchase a property I suggest you contact a real estate professional directly and then you can communicate your interest in purchasing a property with the agent. I can assist you in making a fair offer on this property, but you will have to contact me directly using the weblink below. This forum is only for consumers to ask questions about a certain property or area. I look forward to assisting you soon, Thanks.
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JOHN GIDDENS
Broker/Associate-"The GIDDENS team"
Century 21 Birchwood International
239-362-8863 (Cell)
239-995-0528 (Fax)
johnwgiddens@gmail.com http://www.lehighacresproperty.com
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