|
| The Real Estate Encyclopedia |
|
|
|
|
| Should I accept an offer from an FHA buyer? |
|
|
|
| Category - Home Buying FAQ's - Buying Legal & Closing
|
|
|
| As a seller it shouldn't matter to you what type of financing the buyer has chosen as long as you close on time and get the price and terms you are looking for. FHA is a great program for buyers with higher than average debt, not a good credit or not a lot of money to put down. One thing you should keep in mind is FHA appraisals are strict. If your home is older or not in the best condition then you may have difficulty meeting FHA requirements. |
|
|
Courtesy of HomeOwners Advantage and link that to their entry in the wiki which is at HomeOwners Advantage |
|
|
|
| [edit] |
|
|