HomeLight

SEPTEMBER 1, 2022

Raymer says that for her clients, especially first-time buyers, she suggests an FHA loan, which only requires 3.5% FHA is really one of the best options,” she advises. An FHA loan is insured by the Federal Housing Administration and available from FHA-approved lenders. down payment. Negotiate repairs.

Earnest money deposit 103

Earnest money deposit FHA loan Purchase and sale agreement Title 103

HomeLight

DECEMBER 23, 2021

Most cities and municipalities adopt a set of universal building codes for residential construction that are developed and updated by the International Code Council (ICC), collectively referred to as the International Residential Code (IRC). Rooms added after original construction – Work must be permitted and meet building code.

Inspection 108

Inspection Title Renovation Agents 108

HomeLight

DECEMBER 29, 2021

Construction details (type of foundation, type of materials used). FHA and VA loans have additional requirements an appraiser must evaluate, most of which relate to safety and soundness. To see a comprehensive overview of the FHA loan requirements, HUD provides a 21-page handbook on appraisal guidelines.

Purchase and sale agreement 108

Purchase and sale agreement VA loan Loans Agents 108