Presented by
Charlie Enman and Cindy Moses of
Keller Williams Metro Realty.
FHA Uninsured (FHA Financing Available) Click More Info for information on available FHA Financing.
MLS#
PG7131283
Beds:
3
Baths:
1 full, 1 half
Description: FHA Uninsurable means that the property in its current condition does not meet minimum FHA requirements. This DOES NOT mean that a buyer can’t finance the property using a FHA loan. A 203k loan is a FHA loan that allows the buyer to finance the repairs that are needed to bring the property up to FHA requirements. This allows a buyer to buy a home way below market value, fix it up the way they want, and the final result is a buyer living in a home that has been fixed up with automatic built in equity.
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Charlie Enman and Cindy Moses