Down Payment Assistance and Buying REO Property
3/16/2008 4:34:53 AM
If you are in the market for a new home, I recommend looking at buying an REO property. This is where some of the great deals are today. REO stands for Real Estate Owned -- and it is an industry term that means "The Bank Owns This House". This means that when you buy this property, you buy it from the bank, not another owner or builder.

Can you get an FHA loan... Read More
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Down Payment Assistance Programs
Posted by  Arizona FHA Loan Officer
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Are Down Payment Assistance (DPA) Programs Still Available? Yes!
3/15/2008 5:09:19 PM

Can someone still buy a home with nothing down?

Yes.

Just last week the Supreme Court overruled the US Department of Housing and Urban Development’s (HUD) decision from October 2007 making it illegal for home buyers to participate with any type of down payment assistance provided by the seller. More info here.

What does this mean to potential home buyers?

It means that if you... Read More
Topics:  
Down Payment Assistance Programs
Posted by  Arizona FHA Loan Officer
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