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Tag Archive | "distressed homes"

The FHA 203(k) Loan Program: Mortgages for Distressed Homes

The FHA 203(k) loan program is an ideal platform to receive mortgages for distressed homes. If you have a new home in mind, but it requires a great deal of renovation, a 203(k) mortgage would be ideal for you. First, let’s discuss what the term means, and then how it would help you to save […]

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Buying a Foreclosure – Problems Buying Distressed Homes

Buying a foreclosure might not be as easy as you think since buying distressed homes has its own issues to consider. People occasionally try to purchase a foreclosure adjoining their property because a distressed home can have a negative effect on the value of their own home. However, they then run into problems and wonder […]

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