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Burnham : Real Estate Advice

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Activity 2
Wed Dec 5, 2012
Tim Moore answered:
It is hard to say what can be done from where we are based on what you told us. Anytime you deal with a government agency you can expect the unexpected and they make sure all T's are crossed and I's dotted. It can be overwhelming sometimes with the trivia, but you want their money so you play their game their way. Your loan officer should be the one to answer the question for you, why didn't they see the problem in the contract and what was the problem? Why is your stuff in a house you don't yet own? That's a red flag. ... more
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Wed Dec 5, 2012
JLA13 answered:
Hi Connie,

We are (trying) to buy in Burnham as well and have some experience with the PHFA loans. Really they just require the appraisal and inspections, overall and pest, as long as those reports are positive there shouldn't be a problem. The bigger issue will be the lack of comps for the appraisal... that was tough for us as well. Be sure you have a good realtor or realestate attorney and a really good, sauvy and resposive lender. That is my best advice. ... more
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