If you have an FHA mortgage or are considering obtaining one to buy a home in the Auburn – Opeiika area you need to make sure you understand the new changes that have been recently implemented to the non-performing sales program. Buyers must now offer principal reduction “payment shock protection.”
Amidst mounting public pressure to do more to keep struggling homeowners in their homes, the Department of Housing and Urban Development and the Federal Housing Administration announced a series of extensive changes to its non-performing loan sale program.
For all the details regarding the changes to the non-performing loan sales program with FHA click here.
For all of your real estate needs in the Auburn-Opelika area please contact me at (334) 332-7263 or email me at LauraSellers01@Gmail.com or visit my website. I look forward to helping you find the home of your dreams or sell your existing home.