Friday, March 29, 2024 | The Latest Buzz for the Appraisal Industry

FHA Expands REO Purchase Opportunities For Owner-Occupant Buyers

The Federal Housing Administration (FHA) is increasing the exclusive listing period on certain HUD single-family real-estate owned (REO) homes to allow more time for owner occupants, HUD-approved nonprofit organizations, and governmental entities to submit bids for the purchase of these homes before they become eligible for purchase by investors.

Beginning March 1, the exclusive listing period for individuals, families, HUD-approved nonprofit organizations, and governmental entities will increase from the current 15 days to 30

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

Read More »

TOP RATED PRODUCTS

5/5