How Can a Home Buyer Use the FHA 203k Mortgage?

Posted November 26th, 2013 by ameristar
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In a word, an FHA 203k is a solution. It is the solution to people who wish to buy a fixer-upper in a great area but don’t have the money to do the repairs. Homes that have been neglected or abandoned by the previous owner often need extensive repairs. FHA 203k loans allow buyers to purchase these homes and immediately make renovations.


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