Financing in Miami Gardens : Real Estate Advice

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Fred Glick, Real Estate Pro in Mountain View, CA
Fred Glick answered:
Are FHA loans available for REO, short-sale, foreclosed or pre-foreclosure properties?
FHA is OK, but only for owner occupied.

Also, if the place needs work, you can't go with a standard FHA, it will need to be an FHA 203k which helps pay for repairs.

Also impo ... more
0 votes Share Flag Wed Oct 13, 2010 Financing in Miami Gardens
Joshua Leret…, Real Estate Pro in Tampa, FL
Joshua Lerette answered:
on the average how much will a person need for down payment or closing?
Ms. Bradley,

There really is not such thing as average. If you purchase utilizing FHA, then all you are required to pay is 3.5% of the purchase towards your down payment and your clo ... more
0 votes Share Flag Tue May 20, 2014 Financing in Miami Gardens
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