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What Is a HUD Home? Are the Savings Worth the Risks?

HomeLight

HUD’s Office of Housing also includes the Federal Housing Administration (FHA), an agency that insures mortgage loans issued by FHA-approved lenders to protect against losses if a borrower defaults on a loan. The buyer must work with a HUD-approved real estate agent/broker for all bidding (HUD homes are sold at auction).

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San Jose Real Estate Market & Investment Overview

Marco Santarelli

Due to the pandemic, there are moratoriums on single-family foreclosures and real estate-owned (REO) evictions to keep delinquent homeowners in their homes. Pre Foreclosures. Bank Owned. San Jose Real Estate Investment Overview. Is San Jose a Good Place Real Estate Investment?

Marketing 126
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

If your clients are concerned about getting approved for a loan, you can remind them that a co-borrower agrees to back the borrower in a mortgage loan. One example is someone using a private road to access their own land. Pre-approval. Another one that is popular down here in Charleston is a conservation easement.