Comments on: Looks Like I Picked the Wrong Week to…. Sell a Condo http://theinvestorinsights.com/sell-a-condo/ Real Estate Investing in the Real World Tue, 22 May 2012 00:03:20 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Susan Lassiter-Lyons http://theinvestorinsights.com/sell-a-condo/comment-page-1/#comment-2485 Susan Lassiter-Lyons Wed, 17 Jun 2009 04:31:17 +0000 http://theinvestorinsights.com/?p=951#comment-2485 Since I write about investor financing I never am speaking about VA/FHA financing. Since I write about investor financing I never am speaking about VA/FHA financing.

]]> By: Susan Lassiter-Lyons http://theinvestorinsights.com/sell-a-condo/comment-page-1/#comment-2484 Susan Lassiter-Lyons Wed, 17 Jun 2009 04:14:11 +0000 http://theinvestorinsights.com/?p=951#comment-2484 Well, der. An FHA/VA loan is an agency loan not a conventional loan. :-) Well, der. An FHA/VA loan is an agency loan not a conventional loan. :-)

]]> By: Jim http://theinvestorinsights.com/sell-a-condo/comment-page-1/#comment-2483 Jim Wed, 17 Jun 2009 02:18:53 +0000 http://theinvestorinsights.com/?p=951#comment-2483 Hello Susan, I shared your info with one of my mortgage guys and this was his response: If a condo is FHA approved a buyer could use that program with 3.5% down and if they are a first time buyer the $8,000 stimulus can be borrowed against for closing cost and escrows or discount points to buy the rate down. Veterans can also benefit from a 0 down loan. I am an expert in both of these areas with 17 years of experience. Susan, is he correct or not? Thank you, Jim Hello Susan,

I shared your info with one of my mortgage guys and this was his response:

If a condo is FHA approved a buyer could use that program with 3.5% down and if they are a first time buyer the $8,000 stimulus can be borrowed against for closing cost and escrows or discount points to buy the rate down.

Veterans can also benefit from a 0 down loan.

I am an expert in both of these areas with 17 years of experience.

Susan, is he correct or not?

Thank you,

Jim

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