GULF COAST ASSOCIATES

GULF COAST ASSOCIATES

Bonita springs

,

Etats-Unis

“Specializing in Southwest Florida Real Estate”

New HUD Guidance for Property Flippers and First Time Buyers

Buyers and investors looking to purchase a property using FHA financing have some good news and bad news to consider. FHA commissioner David Stevens outlined the agency’s new policy guidelines last week. Included in his announcement were changes to “seller concession” ceilings and new FICO score related down payment requirements that went into effect immediately. [...]