Owning any type of real estate property you receive annual tax benefits
National Featured Realtor and Consultant, Mortgage Loan Officer, Credit Repair Lecturer
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One of the many difficulties in this market is 'getting a loan'. Even with income and a decent credit score, you usualy need a decent down payment and many other things. Based on your total package, the condo you look for might also need to meet certain requirements like taxes/assessment/% of owner occupancy/FHA and other things.
Let me know if you would like some help.
FHA REQUIRES A CREDIT SCORE OF MINIMUM OF 620 AND A DOWN PAYMENT OF 3.5% OF THE PURCHASE PRICE BUT YOU CAN ASK THE SELLER TO PAY CLOSING COSTS OF UP TO 6%. I HAVE A FEW LENDERS I WORK WITH, SO IF YOU WOULD LIKE YOU CAN CONTACT ME AND I WILL BE HAPPY TO GIVE YOU THEIR NAMES AND NUMBERS AND THEY WILL BE ABLE TO LET YOU KNOW WHAT YOU WILL QUALIFY FOR.
MY EMAIL ADDRESS IS firstname.lastname@example.org AND I CAN BE REACHED AT 708-646-6533 WITH ANY OTHER QUESTIONS YOU NEED ANSWERED.
HAVE A WONDERFUL EVENING,
MCCOLLY REAL ESTATE
Infinity Realty Group